Sun February 12, 2012
The Two-Way

Greek Parliament Approves Austerity Bill

The Associated Press is reporting that the Greek Parliament has approved a crucial austerity and debt-relief bill to keep the country out of bankruptcy and remain a part of the eurozone.

From the AP:

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Wed October 12, 2011
The Two-Way

Harrisburg Lawmakers Spar As City Moves Toward Bankruptcy

Originally published on Wed October 12, 2011 12:06 pm

After a 4-3 vote by the Harrisburg, Pa., city council Tuesday night to file for Chapter 9 municipal bankruptcy protection, a council member delivered the necessary documents to court today.

But now, The Associated Press reports, Harrisburg Mayor Linda Thompson (D) is making the case that the council doesn't have the authority to seek bankruptcy.

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Sun January 30, 2011

Budget-Strapped States Might Prefer To Be Bankrupt

Host Liane Hansen talks with law professor David Skeel about a proposal that would allow states to declare bankruptcy as a way to handle overwhelming debt.