Browsing: Puerto Rican debt

Posts Tagged ‘ Puerto Rican debt ’

Puerto Rico: The New Argentina?

Jun 21st, 2016 | Filed under: Newly Added, Event-Driven Hedge Funds, Business News, Hedge Funds, Finance & Economics

Puerto Rico and various instrumentalities thereof may default on debt within days. If they do so, this will happen without the benefit of an applicable bankruptcy system or other legislated means of restructuring, without a referee if you will, unless Congress acts decisively within a matter of days, something thatRead More


The Puerto Rican Debt Crisis: Some Highlights Thus Far

Mar 31st, 2016 | Filed under: Newly Added, Insolvency, Event-Driven Hedge Funds, Business News, Hedge Funds, Finance & Economics

It has happened before. An insolvent public entity, whether a sovereign nation, state, county, or other, can’t pay its bills and blames the crisis on the ‘vulture’ hedge funds taking its instruments from their first buyers for pennies on the dollar. The leaders of the insolvent entity thereby deflect blameRead More