Reuters: Bankruptcy News: San Bernardino, California, to file for bankruptcy

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

San Bernardino, California, to file for bankruptcy Jul 11th 2012, 03:34 SAN FRANCISCO, July 10 | Tue Jul 10, 2012 11:34pm EDT SAN FRANCISCO, July 10 (Reuters) - The city council of San Bernardino, California, voted on Tuesday night to seek Chapter 9 bankruptcy protection from creditors to help restructure its battered finances. The city of about 210,000 residents approximately 65 miles (104 km) east of Los Angeles is the third in the most populous U.S. state to opt to file for bankruptcy in recent weeks.

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