Tuesday, June 30, 2015

The Bonds That Broke Puerto Rico by MARY WILLIAMS WALSH


By MARY WILLIAMS WALSH

A confluence of factors built up the island’s debt: tax exemption, the use of bonds to plug budget holes, and supposed ironclad guarantees.

Published: July 1, 2015 at 12:00AM

from NYT Business Day http://ift.tt/1LBFzBX



from WordPress http://ift.tt/1LTChI0
via Hadi Aboukhater

No comments:

Post a Comment