JeffCo, AL: Bankruptcy plan would saddle system with more risky debt, water board analysis says

Kyle Whitmire al.com BIRMINGHAM, Alabama — When compared to the debt structures of comparable water and sewer utilities, Jefferson County’s proposed bankruptcy plan could be best described in terms of a children’s game. One of these things is not like… Continue Reading

Detroit files for bankruptcy

Robert Snell Daniel Howes Chad Livengood David Shepardson detroitnews.com Detroit—The city of Detroit filed the largest municipal bankruptcy case in U.S. history Thursday afternoon, culminating a decades-long slide that transformed the nation’s iconic industrial town into a model of urban… Continue Reading

ATR News 6/6/12 Doom and Gloom for Jefferson County PLUS RIP Bob Chapman, The Great Patriot will be missed…

Alabama Truth Radio Live Broadcast June 6th, 2012 Tonight on ATR News JB covers the troubles in Jefferson County and where this trouble could lead. Plus we memorialize a great patriot we lost Monday, Mr. Bob Chapman, veteran, writer, economy… Continue Reading

World’s Largest Solar Plant, With Second Largest Ever Department of Energy Loan Guarantee, Files For Bankruptcy

Tyler Durden zerohedge.com Solyndra was just the appetizer. Earlier today, in what will come as a surprise only to members of the administration, the company which proudly held the rights to the world’s largest solar power project, the hilariously named… Continue Reading