San Bernardino has lost revenues in the housing and economic downturns . The city is at the eastern tip of the greater Los Angeles area . Expert : City bankruptcies could increase , if other cities see it can be done . Eric Hoffman , an analyst at Moody 's Investor Service agreed , saying more city bankruptcies are likely in California and throughout the nation . Comment:
San Bernardino has lost revenues in the housing and economic downturns . The city is at the eastern tip of the greater Los Angeles area . Expert : City bankruptcies could increase , if other cities see it can be done . Comment: