[raptorstv]

http://www.cbc.ca/news/business/stor...cy-filing.html

http://www.cbc.ca/player/News/Business/ID/2251801878/

jk, but this will eventually happen IMHO

[mad.dog99]

And the point of this post is...........

[whitbags]

California city to file for bankruptcy - Business - CBC News

Freefall in motion - The National - CBC Player

jk, but this will eventually happen IMHO

But they aren't bankrupt yet

[lonedog]

Funny how everyone forgets the time when Apple was exactly in the same shape as RIM is today and you could buy Apple stock for the same price as a bag of apples. Way back then everyone said Apple would collapse and fail, but Apple bounced back to the giant it is today. Chew on that.

[Pete6]

A bankrupcy with $2.2B in the bank would get laughed at.

These I-must-sell-something journalists would do well to undestand the facts.