
By John Galt November 9, 2011 – 18:45 ET From Bloomberg: Jefferson County Files Biggest U.S. Municipal Bankruptcy By Steven Church, William Selway and Dawn McCarty – Nov 9, 2011 5:46 PM ET Jefferson County, Alabama, filed the biggest U.S. municipal bankruptcy after an agreement among elected officials and investors to refinance $3.1 billion in sewer bonds fell apart. The county, home to Birmingham, the state’s most-populous city, listed assets and debt of more than $1 billion in Chapter 9 papers filed today in U.S.…






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