Monday, August 1, 2011

Rhode Island's Central Falls files for bankruptcy

CENTRAL FALLS, Rhode Island (Reuters) - Central Falls, Rhode Island, one of a handful of U.S. cities and counties facing fiscal collapse in the wake of the economic recession, filed for a rare Chapter 9 bankruptcy on Monday.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/S6v1TYSJMxs/us-rhodeisland-centralfalls-idUSTRE7703ID20110801

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