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bond payments
Bloomberg Business: Atlantic City Seen Following Detroit in Deferring Bond Payments
©2015 Bloomberg News NM3MDK6JIJUY (Bloomberg) — Atlantic City’s fiscal crisis may prompt New Jersey to depart from its historic practice of supporting local- government finances as the gambling hub heads down a path similar to Detroit’s. An emergency-management team hired by Governor Chris Christie that includes Kevyn Orr, who guided Detroit’s