Port city of Stockton faces bankruptcy

Within the next three months, the Central Valley city of 300,000 could become the nation’s largest municipality to file for protection from creditors under U.S. bankruptcy code. The City Council is trying to slow or stop the bust by entering mediation with creditors, including public employee unions. This is what it looks like when a city is close to going under.

Read Diana Marcum’s story, “Stockton residents watch their port city slip away”