Vivvo CMS 4.1 PRI: Public Radio International http://www.pri.org/ ©2010 Spoonlabs d.o.o. PRI: Public Radio International http://www.pri.org/files.php?file=rss_682409203.gif http://www.pri.org/ Stockton, Cal., to become the largest city to file for bankruptcy in America http://www.pri.org/stories/business/stockton-california-to-file-for-bankruptcy-becoming-the-largest-bankrupt-city-in-america.html Business and Economy Thu, 28 Jun 2012 13:00:00 -0500 The city of Stockton, Cal., is facing a $26 million budget deficit amid rising crime and foreclosure rates. Unable to reach an agreement with its creditors, the city has voted to file for bankruptcy, in what will be the largest city bankruptcy filing in U.S. history. PRI: Public Radio International