On this day: December 6

POSTED: 09:00 PM PST Dec 05, 2012    UPDATED: 11:00 PM PST Dec 05, 2015 

Harriet Tubman escapes slavery, the capstone is set on the Washington Monument, the TV special "Rudolph the Red-Nosed Reindeer" debuts, and Roy Orbison passes away, all on this day.

OTD December 6 -  Orange County
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County of Orange

1994: Orange County, California, one of the richest counties in the U.S., files for bankruptcy protection due to investment losses of about $2 billion. The county lost at least $1.5 billion through high-risk investments in derivatives, leading to criminal charges against county treasurer Robert Citron. The bankruptcy was the largest municipal bankruptcy in U.S. history until Jefferson County, Alabama, filed for Chapter 9 bankruptcy in 2011.


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