San Bernardino has voted to become the third California city to file for bankruptcy in the last...

|By:, SA News Editor

San Bernardino has voted to become the third California city to file for bankruptcy in the last month, after officials reported the city faced an imminent financial crisis. San Bernardino hopes to restructure its finances while in Ch. 9 protection, but a concerned muni bond market may have other plans. (also: Stockton and Mammoth Lakes)