Stockton Considers Bankruptcy

Michael Krasny

Feb 28, 2012 at

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(Justin Sullivan/Getty Images)

In 2008, the city of Vallejo became California’s largest city to ever file for bankruptcy. Now, Stockton could follow in the same footsteps as it fights to avert bankruptcy by shrinking its payroll, including cutting a quarter of its 425-member police force.

Guests:

Scott Smith, reporter for the Stockton Record

Jeff Michael, director of the Business Forecasting Center at the University of the Pacific

Dale Fritchen, Stockton City Council member

Susan Eggman, Stockton City Council member

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