Stockton Will File for Bankruptcy

Hosted by

Last night, the California City of Stockton adopted a new budget to allow it to operate under bankruptcy.  It's the nation's largest city so far to seek protection from creditors. But it may not be the last. Peter Navarro is professor at the Paul Merage School of Business at the University of California at Irvine.

Credits

Guest:
Peter Navarro - University of California, Irvine

Host:
Warren Olney

Producers:
Katie Cooper, Caitlin Shamberg, Gideon Brower