Showing When Government Fails: The Orange County Bankruptcy by Mark Baldassare

When Government Fails When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in United States history to declare bankruptcy. Presenting an analysis of this momentous fiscal crisis, this title uncovers the many twists and turns from the dark days in December 1994 to the financial recovery of June 1996.