Recession Ruins Holiday Fireworks for Many Towns
The fireworks show that lit up the night sky over New Providence, N.J., Friday night nearly didn't happen.
The cash-squeezed town of 12,000 couldn't afford the $12,000 pyrotechnics bill, so its July 4th celebration was cancelled.
That was until two weeks ago, when a local bank stepped in, wrote a check and bailed the town out.
"I said, here's our neighbor in trouble, having a little financial difficulty," said Kevin Cummings, president and CEO of Investors Savings Bank.
"It's a great... Full Story
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