Bankrupt

City Hall in Stockton. (CBS)

Stockton Becomes Most Populous City In Nation To Enter Bankruptcy

The people of Stockton will feel financial fallout for years after a federal judge ruled Monday to let the city become the most populous in the nation to enter bankruptcy.

04/01/2013

City Hall in Stockton. (CBS)

Lenders Say Stockton Bankruptcy Costing Millions, While City Continues Pension Payments

A bond insurer said lenders are losing millions in Stockton’s bankruptcy while the city continues to fund pricey pensions.

08/03/2012

City Hall in Stockton. (CBS)

Stockton Officially Declares Bankruptcy, Largest US City To File

Stockton has filed for Chapter 9 protection, making it the largest American city ever to declare bankruptcy.

06/28/2012

City Hall in Stockton. (CBS)

Stockton Bankruptcy To Hit City Retirees Hard

When Stockton becomes the largest U.S. city ever to file for bankruptcy, it will strike a hard blow to residents, especially city employees and retirees whose health benefits and pensions helped drive the city toward insolvency.

06/27/2012

A foreclosed Stockton home. (Justin Sullivan/Getty Images)

Stockton Bankruptcy Set After Mediation With Creditors Fails

Officials in Stockton said Tuesday that mediation with the city’s creditors has failed, meaning it is set to become the largest American city ever to declare bankruptcy.

06/26/2012

Solyndra Headquarters in Fremont (Solyndra Inc.)

Solyndra Asks Bankruptcy Judge To Allow $500K In Bonuses

The Washington Times reports that bankrupt Fremont-based solar panel maker Solyndra hopes to give its executives thousands of dollars in bonuses.

01/12/2012

American Airlines passengers at the ticket counter at San Francisco International Airport. (Justin Sullivan/Getty Images)

American Airlines Parent Files For Bankruptcy; SFO Flights Not Impacted

The parent company of American Airlines and affiliate American Eagle Airlines has become the latest in legacy airlines to file for Chapter 11 bankruptcy.

11/29/2011

Solyndra Headquarters in Fremont (Solyndra Inc.)

FBI Agents Search Solyndra Headquarters In Fremont

FBI agents were executing search warrants at the headquarters of Fremont solar firm Solyndra that received a $535 million loan from the federal government.

09/08/2011

Solyndra Headquarters in Fremont (Solyndra Inc.)

Fremont-Based Solyndra Goes Bankrupt; 1,100 Workers Laid Off

A leading Bay Area manufacturer of solar power systems has abruptly shut down operations as it seeks to file for bankruptcy.

CBS San Francisco–08/31/2011

(Photo credit by Livenation.com)

Time Running Out For Bankrupt Vallejo To Come Up With Fireworks Funds

Plenty of people simply “assume” fireworks will also be a part of July 4th celebrations, but in Vallejo that’s hardly the case.

CONNECT WITH KCBS–06/24/2011

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