Bankruptcy Court for States?

Recently, there?s been talk about changing the law to allow states to file for bankruptcy.� Under current law, cities and towns are able to file for bankruptcy, but states can?t. There have been three recent times when this issue was mentioned: 1.���� Newt Gingrich delivered a speech in November in which he said, ?I also [...]

Source: http://leedsonfinance.com/2011/01/23/bankruptcy-court-for-states/

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