The law firm of Goodwin Proctor LLP has launched a municipal bankruptcy blog. One of the first posts ponders the likelihood that Stockton and San Bernardino will take on CalPERS.
Stockton City Manager Bob Deis discusses this in an editorial he published in the Wall Street Journal, explaining to the world why the city chose Chapter 9 and how the creditors need to spend a hot week in Stockton with their windows open.
