Could your town go bankrupt?
The big moving pieces of the global economy continue to swing back and forth and if big companies or even local governments get caught in the wrong place and the wrong time, bad things happen. Just ask AIG or any other number of household name institutions. There continues to be speculation that some of Nevada's counties and cities are close to getting their clocks cleaned in this environment. The Review-Journal is watching this closely for you. For more information on this general topic, try these two web sites. I'll warn you in advance: If you care about the well being of your city and/or anyone with a government pension, these sites are not for the faint of heart.
