Could East Greenbush Be The Next US City To Claim Bankruptcy?
With all the financial problems Detroit is facing, the question becomes which US city is next? Newsmax.com has compiled a list of 20 US cities that could be next to file bankruptcy.
Number two on the list is East Greenbush NY. "A New York state audit concluded that years of fiscal mismanagement — including questionable employment contracts and illegal payments to town officials — left East Greenbush more than $2 million in debt."
It's not the only New York city to make the list either! Read the full list HERE.