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San Bernardino officially files for bankruptcy protection
L.A. NOWSan Bernardino earlier this month became the third California City to seek bankruptcy protection this year, joining the Central Valley city of Stockton and Mammoth Lakes in the Eastern Sierra Nevada... -
Glendale brush fire quickly extinguished
L.A. NOWFirefighters quickly extinguished a brush fire that broke out in the Glendale hills Wednesday afternoon. It took 50 firefighters about half an hour to douse the flames with the help of three water-dropping helicopters from the Los Angeles Fire Department,... -
Ousted Bell police chief wants severance pay
L.A. NOWThe police chief who was ousted after it was revealed that he and other city leaders in Bell were drawing enormous salaries has sued his former employers for severance pay.... -
Compton not filing for bankruptcy, city manager says
L.A. NOWCompton's new city manager sought to assure the public Tuesday that the financially troubled city is not planning to file for bankruptcy but said it may hire L.A. County to do a forensic audit to put allegations of fraud to rest.... -
San Bernardino begins painful budget-cutting process
L.A. NOWThe San Bernardino City Council on Tuesday voted to suspend debt payments and freeze staff vacancies, saving $5.4 million in July alone, so the city will have enough money to make payroll until it files for bankruptcy protection.... -
Bankruptcy filings fall 14%, on track for pre-2008 levels
Tepid consumer spending has an upside: Bankruptcy filings in the U.S. are down 14% in the first half of the year, helped along by record-low interest rates and a new culture of belt-tightening. The first half of 2012 saw 632,130 new filings, according to...
Tags: Bankruptcy, Eastman Kodak Company
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Mayors implore legislators not to undermine local pension cutbacks
PolitiCalHave Sacramento lawmakers been scheming to unravel tough new measures voters imposed to limit pensions of public employees in San Diego and San Jose? Mayors in both those cities fear they have been, and letters they sent to key lawmakers...... -
San Bernardino votes to file for bankruptcy protection
L.A. NOWThe San Bernardino City Council votes to file for bankruptcy. Facing a $45-million budget shortfall and the prospect of not being able to pay city workers, the panel Tuesday voted to file municipal bankruptcy, the third California city to do so in... -
San Bernardino should file for bankruptcy, city manager says
L.A. NOWSan Bernardino’s interim city manager recommended Tuesday evening that city file for bankruptcy protection, saying it may not be able to make payroll over the next three months.... -
San Bernardino bankrupt: Blame pet projects, not labor, union says
L.A. NOWSan Bernardino's labor unions pushed back at the suggestion that lucrative labor agreements were forcing the city to seek bankruptcy protection – and instead blamed city officials for frittering away money.... -
Readers spread the blame in San Bernardino's bankruptcy bid
L.A. NOWReaders on Twitter and other social media sites were shocked that the city of San Bernardino filed for bankruptcy protection this week, making it the third California city in less than a month to do so.... -
San Bernardino, Stockton took different routes to bankruptcy
L.A. NOWStockton and San Bernardino bankruptcy: A tale of two cities is about to play out in California, giving a real-time look at vastly different routes through financial ruin and rebuilding....
Aug 1, 2012
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Aug 1, 2012
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Aug 2, 2012
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Jul 24, 2012
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Jul 24, 2012
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Jul 5, 2012
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Jul 5, 2012
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Jul 10, 2012
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Jul 10, 2012
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Jul 11, 2012
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Jul 11, 2012
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Jul 11, 2012
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