A Jefferson County sewer manhole cover in Railroad Park in Birmingham, Ala., in July 2011. Alabama's most populous county filed what became the largest municipal bankruptcy in U.S. history in an effort to retake control of its beleaguered sewer system and wipe away as much of its whopping $4.15 billion in debt as possible. Jefferson County's Chapter 9 filing on Wednesday, Nov. 9, 2011 gives it protection from creditors while it develops and negotiates a plan for adjusting its debts. (AP Photo/Dave Martin)
Read the article: Alabama county files for largest municipal bankruptcy in U.S. history
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