• BET Experience

America's Cities Are in Financial Peril

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  • bankruptcy
  • Scranton, Pennsylvania
  • 071312 national banruptcy stockton california
  • Mammoth Lakes, California
  • San Bernardino, California
  • Jefferson County, Alabama
  • Detroit, Michigan

Buried in Debt

As the economy continues to emerge from recession, cities throughout the U.S. are faltering. Scranton, Pennsylvania, has cut salaries of city workers and in the span of three weeks, three California cities have filed for Chapter 9 bankruptcy protection. BET.com takes a look at several cities that found themselves in financial peril in recent months.Britt Middleton

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