Reuters: U.S.: San Bernardino, California, files for bankruptcy with over $1 billion in debts

Reuters: U.S. Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

San Bernardino, California, files for bankruptcy with over $1 billion in debts Aug 2nd 2012, 02:18 A boarded-up storefront on Fourth Street in San Bernardino July 11, 2012. The city council of San Bernardino, California, voted on Tuesday to file for bankruptcy, marking the third time in recent weeks a city in the most populous U.S. state has opted to seek protection from its creditors. Picture taken July 11, 2012. Credit: Reuters/Alex Gallardo

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