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	<title>Obsolete Certainty &#187; credit</title>
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		<title>Alabama County Prepares for Bankruptcy</title>
		<link>http://obsoletecertainty.com/alabama-county-prepares-for-bankruptcy/</link>
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		<pubDate>Wed, 27 Aug 2008 08:23:12 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Wall Street]]></category>

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		<description><![CDATA[Alabama&#8217;s largest county is making preparations for bankruptcy. Jefferson County, stung by rising debt service from $3 billion in bonds has asked their lawyers to begin the process if negotiations with creditors do not succeed. Should the county take this route it would be the biggest municipal bankruptcy since Orange County, California in 1994. The [...]]]></description>
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