September 16, 2011 at 10:45 AM EDT
Alabama County Nears $3.14 Billion Settlement, Avoids Historic Muni Bankruptcy
DailyFinance.com : Alabama's massive sewer debt crisis is coming to a close. Commissioners of Jefferson County voted 4-1 on Friday to accept a term sheet with creditors, allowing it restructure and partially write off its $3.14 billion debt, the Birmingham News ... Read more
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