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Entries from May 16th, 2013

Walker: Municipal Financial Crash Looms Without Reforms

July 24th, 2012 · 18 Comments · Analysis and Comment

Bridgeport resident David Walker, the former U.S. comptroller general and CEO of the Bridgeport-based Comeback America Initiative, authored this storm-warning commentary in the Hartford Courant. In just the past month, three California municipalities–Stockton, Mammoth Lakes and San Bernardino–have filed for Chapter 9 bankruptcy. Consider this a warning shot for state and local governments across the [...]

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