California Mortgage Grabs Are a Terrible Idea

A careful study of the data show that most of the city's claims are without merit.

During World War II, Richmond, California, was the home of legendary shipyards that could build a single Liberty cargo vessel in a matter of days. Now it's mostly known for hosting a Chevron refinery and for being one of the most dangerous cities in the United States.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.