Three years after the earthquake and tsunami in Fukushima, Japan destroyed a nuclear power plant, the effects are still being measured.
Glendale's Financial Situation Spells Trouble
The city of Glendale’s financial situation is not a great one right now. A recent Wall Street Journal article even referred to Glendale in a similar context to Detroit, which filed for bankruptcy protection. The city will have some big decisions to make before the next fiscal year starts on July 1.
Tom Duensing is Glendale’s new finance director. He explained how he is focusing on dealing with the problem.