Puerto Rico’s MASSIVE Debt Is ‘Unprecedented Test’ Of US Municipal Bond Market
With bailouts and bankruptcy off the table, Puerto Rico's Gov. to ask creditors for restructuring
View ArticleWelfare, Regulatory Reform On Agenda For Debt-Ridden Puerto Rico
Puerto Rico Gov says 'unpayable' debt requires sacrifice from everyone
View ArticleNo Bankruptcy Until Puerto Rico Gets Act Together, GOP Says
GOP senators open to letting Puerto Rico use Chapter 9, but only if it makes major reforms
View ArticlePuerto Rico Is Sinking In Debt: Why The Mainland Should Care
Millions of Americans will see their retirement investments hit hard
View ArticleSupreme Court Set To Hear Puerto Rico Bankruptcy Case
The U.S. Circuit Court of Appeals in Boston shot down the Puerto Rico Recovery Act in July.
View ArticlePuerto Rico Wants Averting A Gov’t Shut Down To Be Its Salvation
The island narrowly missed defaulting on its debt in December.
View ArticleNo Bankruptcy Provision In End Of The Year Spending Bill For Puerto Rico
The commonwealth holds around $70 billion in public debt
View ArticlePuerto Rico Preps For Lawsuits In Wake Of Default
'Puerto Rico issued its bonds with the knowledge that Chapter 9 bankruptcy wasn’t an option'
View ArticleBond Issuers Take Legal Action Against Puerto Rico
The territory defaulted on its payments at the start of the year
View ArticleFormer Obama Treasury Official Pocketing MILLIONS From Puerto Rico’s Bankruptcy
Jim Millstein's restructuring-advisory firm, MillCo Advisors, could recieve $52.4 million
View ArticleGov. Alejandro Garcia Padilla: Puerto Rico Will Default Monday
'We do not want a bailout. We haven’t asked for a bailout. We haven’t been offered a bailout'
View ArticlePuerto Rico Defaults On Massive Debt Payment, Continues Negotiations
'I decided that essential services for the 3.5 million American citizens in Puerto Rico came first'
View ArticlePuerto Rico Might Start Cutting Pensions To Deal With Debt Crisis
'You're going to need to have a functioning economy'
View ArticleBondholders Sue Puerto Rico Over Law Allowing Debt Moratorium
'The act would subject bondholders to contempt of court'
View ArticleCalifornia Dems Push For Obamacare For Illegal Immigrants
'Our view was the likelihood of fraud is high'
View ArticleWikiLeaks Exposes CIA’s Covert Global Hacking Program
Claims CIA hacks presidential Twitter accounts, vehicle control systems, smart TVs
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