The 660000 people XiaoXian liabilities $4.1 billion bankruptcy

moncler parkas The United States Alabama Jefferson county in the local time 9 officially announced $4.1 billion total liabilities, filed for bankruptcy protection, Jefferson county thus become the maximum amount of bankruptcy in U.S. history of the county moncler jackets.

The Jefferson county committee issued a statement said, the Jefferson county total liabilities as much as $4.1 billion, has make ends meet. Statement said, Jefferson county inappropriate in the water pipe and financing system transformation investment is too large, eventually lead to insolvency moncler vest.

The Jefferson county population 660000, is a serious polarization of the area, here are the United States is the most wealthy class, also have a large population of poverty. The Jefferson county affiliate Birmingham city in the history of the United States famous half-american, the s, Martin Luther King of the black civil rights movement leadership here in this happen moncler coats.

In fact, Alabama financial faces dilemma. The expert thinks, in Alabama occupies an important position in the bankruptcy of the Jefferson county, means that Alabama place is beginning to show the risk of debt system, Alabama's bond rating is likely to be cut moncler outlet.