Judge Allows Stockton, Calif., to Enter Bankruptcy - Presented by: The Aol. On Network

A California backrupcty judge will allow the Stockton, Calif., bankruptcy to continue. Bondholders and insurers of the city could be left to swallow losses while pensions of city workers and retirees remain intact. Dow Jones Newswires' Katy Stech reports. Photo: Getty Images.



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