Which Way, L.A.?
Should Los Angeles Declare Bankruptcy?
It's often said that government should be run more like business, where bankruptcy can be an acceptable solution when financial problems get out of hand. Mayor Villaraigosa and the City Council agree that Los Angeles' finances are unsustainable, but insist that bankruptcy is out of the question.
By Warren Olney • • 1 min readIt's often said that government should be run more like business, where bankruptcy can be an acceptable solution when financial problems get out of hand. Mayor Villaraigosa and the City Council agree that Los Angeles' finances are unsustainable, but insist that bankruptcy is out of the question. Enter a businessman who's also a former Mayor: Richard Riordan, who's been talking about city bankruptcy since 2005.
The full episode
3 of 4
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The full episode
3 of 4Can the US Senate Pass Finance Reform? Should LA Declare Bankruptcy?- 0:00Can the US Senate Pass Finance Reform in an Election Year?
- 28:03Palin's Visit Brings Trouble to CSU Stansilaus
- 34:56Should Los Angeles Declare Bankruptcy?You’re reading this
- 46:35Rescuing the Watts Towers