California is about to find out if it will be able to find a lender willing to take the risk.
The Wall Street financial crisis is leaving investors scrambling for cash. That means there is less money available to be lent out. Those who rely on borrowed money to finance operating expenditures may be in for a painful dose of reality: In times of crisis, debt reliance can be catastrophic.
The biggest state in the union may be about to realize just that.
In These New Times 