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San Bernardino, California, Files Chapter 9 Bankruptcy

Aug. 1 (Bloomberg) -- San Bernardino, California, filed for municipal bankruptcy after disclosing a $46 million budget shortfall and a criminal investigation of some of its departments.

To contact the reporter on this story: Dawn McCarty in Wilmington at dmccarty@bloomberg.net

To contact the editor responsible for this story: Fred Strasser at fstrasser@bloomberg.net

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