To Harrisburg with love
Just think though, in Harrisburg's case the legal filings would not have to travel far with correspondence never having to leave Harrisburg proper.. It is only about 6 blocks from Harrisburg City Hall to the PA Department of Community and Economic Development. The Federal Courthouse is even closer.
Anyway, see this from the American Lawyer just now: http://amlawdaily.typepad.com/amlawdaily/2010/09/the-bankruptcy-files-1.html
Or the Financial Times' Friday story: City of Harrisburg to seek bankruptcy advice
Bond Buyer: Harrisburg Council Rejects Selected FA Firm
WSJ version: Adviser Takes Heat for Helping Sell Off Public Assets
Something is going to give here and it is hard to tell what.
What I once said for Pittsburgh is as true for Harrisburg today. That was 8 years ago if you believe that. This version was 5 years ago and the point is as valid today.. that any municipal bankruptcy has real costs on municipalities across the Commonwealth.