Connecticut State Capital Prepares For Bankruptcy Amid Collapse In Hedge Fund Revenue

Connecticut State Capital Prepares For Bankruptcy Amid Collapse In Hedge Fund Revenue:

Facing a dire fiscal situation, Hartfort, the capital of Connecticut is taking steps toward bankruptcy, soliciting proposals from law firms that specialize in Chapter 9, according to the Courant. It adds that the city is reviewing several firms and could hire an attorney as early as this week.

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