-->
Quoting the Crisis
25/02/2012
“ For all the talk in Washington about taxes and deficits, here is a place where government finances, and government itself, have simply broken down. The county, which includes the city of Birmingham, is drowning under $4 billion in debt, the legacy of a big sewer project and corrupt financial dealings that sent 17 people to prison. „
(
Source:
Mary Williams Walsh in Jefferson County, Ala., Falls Off the Bankruptcy Cliff - NYTimes.com
)
