Across the country, from Vallejo, Calif. to Detroit, Mich., some cities that cannot repay their debts have taken the extreme step of declaring municipal bankruptcy. Cities file for bankruptcy under ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Daniel Rathburn is an editor at Investopedia ...
Recent remarks by Cooperative Governance and Traditional Affairs Minister Velenkosini Hlabisa – about exploring new funding models for failing municipalities – appear to be misguided. These ...