Wednesday, June 5, 2013

Alabama Bankruptcy Deal Calls Attention To Wall Street Abuses

Alabama Bankruptcy Deal Calls Attention To Wall Street Abuses: An agreement to resolve the largest municipal bankruptcy in U.S. history awaits a judge’s approval after officials in Jefferson County, Alabama approved the deal on Tuesday. The county, home to Birmingham, went bust in 2011 following the implosion of a complex web of bad deals and bribes between local officials and Wall Street firms including [...]/p