Missing Madeleine
Come join us...there's more inside you cannot see as a guest!

Join the forum, it's quick and easy

Missing Madeleine
Come join us...there's more inside you cannot see as a guest!
Missing Madeleine
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Ten US Cities With Less Than Ten Days Of Cash On Hand

Go down

Ten US Cities With Less Than Ten Days Of Cash On Hand Empty Ten US Cities With Less Than Ten Days Of Cash On Hand

Post  AnnaEsse Wed 30 Oct - 17:01

As the Detroit bankruptcy hearing heats up following news that the city’s unsecured creditors, among them pensioners, are set to recover pennies on the dollar, 16 to be precise, the question of which are the next cities to follow in the footsteps of bankrupt Motown, becomes relevant once again. Courtesy of the WSJ, and the second part of its series on “U.S. Cities Grapple With Finances“, here is a list of the US cities that when push comes to shove metaphorically, and when the money runs out literally, will have no choice but to knock on the door of the local regional bankruptcy court and submit that long-prepared bankruptcy petition. Specifically, here are the cities that have 10 days or less in cash on hand available. Because, unless one is the Fed, cash and lack thereof is all that matters.

The list below ranks the top 10 cities in terms of days cash on hand. Needless to say, a city with a low number in this category (such as 0.0) may have trouble paying bills, bribes, lap dances and other core municipal outlays.

Ten US Cities With Less Than Ten Days Of Cash On Hand Cash%20on%20Hand_0

http://ncrenegade.com/editorial/the-ten-us-cities-with-less-than-ten-days-of-cash-on-hand/
AnnaEsse
AnnaEsse
Administrator
Administrator

Female
Number of posts : 18693
Age : 113
Location : Casa Nostra
Warning :
Ten US Cities With Less Than Ten Days Of Cash On Hand Left_bar_bleue0 / 1000 / 100Ten US Cities With Less Than Ten Days Of Cash On Hand Right_bar_bleue

Registration date : 2009-09-23

http://frommybigdesk.blogspot.com/

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum