New York's Suffolk County tiptoes on the brink of bankruptcy with time running out to pay out...
New York's Suffolk County tiptoes on the brink of bankruptcy with time running out to pay out hundreds of millions of dollars in short-term payments due later in 2012. The municipality will sell $90M in new debt and plans on laying off workers in an attempt to bridge the gap. Also on the brink: Stockton, CA (previous)
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