West Virginia, of all places, whose state motto is, "Well at least we're not Arkansas."
Poor/Southern/Red States we're so flush with cash THROWN AT them by the Federal Government that they not just gambled it on Wall Street, they gambled on derivatives, toxic assets.
When Bush's Great Recession came along, those bottomed down, and those States lost a crap ton of our money that we gave them on what was literally described even back then as toxic assets. Sort of a combo pyramid scheme/hot potato. Everybody knew they were bad and doomed to fail, the trick was to profit as much as they can off them before that bag ripped.
That was part of Obama's trillion dollar bailout Stimulus Plan, bailing out those states that couldn't even afford their teachers or fire departments and even the corrupt evil sheriff anymore. We should have left them to rot for gambling way our money as many have suggested.
The sooner we can get rid of those states, the better.