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Last year, Jefferson County, Alabama, filed the biggest municipal bankruptcy in U.S history.
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They have scoured court records from Cleveland to Jefferson County, Alabama, to throw light on the darker side of the business.
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Remember that once-stable municipalities like Jefferson County, Alabama, and Stockton, California have all filed for bankruptcy and many other cities and towns stand on the brink.
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And the market has been showing signs of stress, as in the recent bankruptcies by Stockton, California, Harrisburg, Pennsylvania, and Jefferson County, Alabama, among other places.
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Davis, professor of pathology at the University of Alabama at Birmingham, and associate coroner for Jefferson County, which includes the city.
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