Tag Archives: Bob Deis

Stockton California Mediation Fails – Largest City in History to Declare Bankruptcy

What is Chapter 9 bankruptcy? Bob Deis, Stockton city manager, said the move is a legal method to prevent financial and legal chaos. The city is facing a budget shortfall of nearly $26 million and must, by state law, adopt a … Continue reading

Posted in Editorial | Tagged , , , , | Comments Off on Stockton California Mediation Fails – Largest City in History to Declare Bankruptcy