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NEWS: California Muni Bankruptcies a Growing ‘Disease,’ Kotok Says

October 5, 2012

As the city of Atwater sets to vote on declaring a fiscal emergency, which would allow it to follow California municipalities Stockton, San Bernardino and Mammoth Lakes into bankruptcy, Cumberland Advisors' chief investment officer David Kotok declares municipal bankruptcy a disease that is spreading through the state of California.

Click Here to read the article.

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Filed Under: News
Tags: Municipal Bankruptcy

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