Atlantic City facing possible default, Wall Street warns

In the News
March 27, 2015

Joseph Seneca, a Rutgers University economist, said Wall Street’s warnings held no surprise. “The fiscal realities here and now though are pretty dire,” he remarked. “The drop of more than 50 percent drop in the tax base is stunning. It has to have deep and significant financial implications.”

NJ.com, March 27

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