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Can California declare bankruptcy? What about Greece?
(slate.com)
California passed a gas tax last week to help make up for its nearly $20 billion budget gap, the latest in a series of measures to right the state's teetering economy. The country of Greece is in even worse shape, with accumulated debt higher than 110 perc...
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Tag:
Credit,
United States bankruptcy law,
Insolvency law,
Personal finance,
Economics,
Finance,
Bankruptcy,
Debt,
National bankruptcy,
Chapter 9, Title 11, United States Code,
Organization:
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Person:
Alexander Laughlin,
Arnold Schwarzenegger California,
John Pottow,
Kenneth Klee,
Company:
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Wiley Rein LLP,
Country:
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Russia,
Germany,
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Greece,
Facility:
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IndustryTerm:
Gas tax last week,
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