LA to Run Out of Cash in a Month, Controller Says

7 April 2010  Business Week

Business Week

Los Angeles will run out of cash on May 5, city Controller Wendy Greuel said today in a release in which she requested a $90 million transfer of reserve funds to pay bills.

http://www.businessweek.com/news/2010-04-05/los-angeles-to-run-out-of-cash-in-a-month-city-controller-says.html