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Alabama County Faces Bankruptcy

Lalita Amos | 04/08/2008 - 23:20

OK, so the economy isn't a big box of kittens, but really, now:

Alabama County Faces Bankruptcy -

A financial crisis has Alabama's Jefferson County on the verge of a $4.2 billion bankruptcy action. The county is home to Birmingham, the state's largest city.

This is bad, right?

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