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Stockton official: Mediation with creditors fails

June 26, 2012

STOCKTON, Calif. (AP) -- Officials in Stockton said Tuesday that mediation with creditors has failed, meaning the Central California city is set to become the largest American city ever to declare bankruptcy....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_STOCKTON_BANKRUPTCY?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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