Risk of Default by Yonkers Increases BY HEZI ARIS

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 YONKERS, NY — July 8, 2010 — Investors have suffered the risk of default in Portugal, Ireland, Greece, and Spain. The nations comprising the acronym known as PIGS may lead to local governments. Cities such as Yonkers whose fiscal legacy has been written in red ink for years finds itself among other U.S. regions in which the difficulties of curbing …

eHeziRisk of Default by Yonkers Increases BY HEZI ARIS