Sentences with phrase «city went bankrupt»

Imagine what Moscow would have said if New York City went bankrupt.»

In fact, the city went bankrupt in 2012 before exiting bankruptcy in 2015.

Ed Rendell made the comment «If a city goes bankrupt, it can't borrow again.»

Not exact matches

Technically, states can not go bankrupt now like cities and counties under Chapter 9.

Circuit City, a former consumer - electronics retailer that went bankrupt in 2008, made a similar error in 2007 that helped hasten its demise.

Part of that was an ill - fated attempt to take over Circuit City, which went bankrupt soon afterward.

If the South is so pathetic then why are all of the jobs being created in the South while most of the major cities in the North are going bankrupt.

Firstly, in 1902 when John Henry Davies rescued an ailing Newton Heath from going bankrupt and went on to fund the purchases of key players (many of them from City ironically following the previously mentioned bribes scandal) that led to them winning their first trophies.

The state shut down the New York City OTB in 2010 after the public corporation — which operated about 50 storefront gambling dens and served as a patronage mill for crooked political hacks — went bankrupt.»

It was created after the city of Detroit went bankrupt.

«The last time the state imposed rates this high was in the 1970's — a decade in which the city lost half its Fortune 500 companies, about a million residents, and nearly went bankrupt.

SYRACUSE, N.Y. - A strong reason to consider marrying the governments of Onondaga County and Syracuse is that the city is likely to go bankrupt if left on its own, County Executive Joanie Mahoney said.

The nation's largest city and financial center going bankrupt seems unthinkable in 2013.

DiNapoli says reports like this are helpful by going in depth into the problems that cause fiscal stress, and to provide an early identification of cities in trouble before they're forced to turn to a control board or go bankrupt.

«He is too beholden to the city unions, which are going to bankrupt — that's dramatic» the city, he said of Mr. de Blasio.

«The recession coupled with the loss of accreditation caused some of our cities to almost go bankrupt.

And in a recent US News & World Report piece, «America's Bankrupt Schools,» Lauren Camera sounds alarm bells, explaining that «Pension plans could be the culprit behind broke big - city school districts,» and goes on to detail the bleak fiscal situation that now burdens Philadelphia, Baltimore and Chicago.

Why The Frugality is a Top Frugal Blog: The city guides on this blog are a real standout, sure to help frugal travelers have a great trip without going bankrupt.

Having gone bankrupt, New York itself was as marginalized as they were, particularly after the Daily News claimed that then - president Gerald Ford told the city it could «drop dead» if it expected any help from the White House.

Speaking of his vintage series, he said he sometimes misses the grit, the danger and the edge: «The city was on the verge of going bankrupt, there was a major blackout, the Son of Sam murders, and the South Bronx looked like a war zone.

Privately owned coal generators such as Homer City Generation in Pennsylvania have already gone bankrupt, and large generators such as FirstEnergy's merchant generation subsidiary are now facing bankruptcy.

Obviously the fact that trillions of dollars have been wasted on green scams and job killing regulation to fight the war on «climate» change is a significant reason why cities and countries are going bankrupt.

Detroit is not the first city in America to go bankrupt and it won't be the last, as cities dump obligations and debts they can no longer afford to service, because everyone is earning barely the minimum wage and shopping at the big box stores outside the city limits.

Though the THINK City was in production for two months in 2008, in the past THINK has gone bankrupt twice.

That plan was rejected by the city's landmark commission before the company went bankrupt.