More U.S. cities could be bankrupt soon

Description: Richard Ravitch, adviser to the Detroit bankruptcy judge, discusses why more cities might be moving towards bankruptcies. Source: CBC Date: June 02, 2014 Video Link:http://www.cbc.ca/player/News/Business/ID/2461765335/?page=2 Questions for Discussion: What are some of the reasons why cities go bankrupt? Is it the job of the government to bail out cities? Who should be held accountable … Continue reading More U.S. cities could be bankrupt soon