Stockton's Path to Bankruptcy

Stockton, California, grew out of the Gold Rush of 1849. It became a thriving city through agriculture and manufacturing. It boasts excellent schools and colleges and has a world-renowned symphony and art museum. But, in July 2012, it was the largest American city to file for bankruptcy and currently is # 8 on Forbes Most Dangerous Cities in America. Stockton's Path to Bankruptcy is an insider look at how the city fell apart.

In 1993, Stockton won enterprise zone designation from the state ...