BIRMINGHAM, Ala. (AP) -
The governor, who met last month with Treasury Secretary Timothy
Geithner and Federal Reserve Chairman Ben Bernanke, wrote a letter
to them March 5 spelling out his request.
The governor, along with a majority of the five-member county
commission, wants to refinance or restructure the debt at a fixed,
sustainable rate of interest, with the federal government providing
a form of bond insurance that is not now available in the private
Details of the letter were reported Tuesday as two county commissioners issued a news release saying a bankruptcy filing
would be the best option.
Information from: AP as compiled from information from The Birmingham News,
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.