Tag Archives: junk bonds

Tax Policy Helped Create Puerto Rico’s Fiscal Crisis

https://taxfoundation.org/tax-policy-helped-create-puerto-rico-s-fiscal-crisis Tax Policy Helped Create Puerto Rico’s Fiscal Crisis June 30, 2015 Scott Greenberg   Gavin Ekins Yesterday, the governor of Puerto Rico announced that his government’s $72 billion of debts are not payable, in advance of $1.92 billion in … Continue reading

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Cossec restructuring would impact co-ops’ cash flow

http://caribbeanbusiness.com/cossec-restructuring-would-impact-co-ops-cash-flow Cossec restructuring would impact co-ops’ cash flow By Eva Lloréns Vélez on March 26, 2018 SAN JUAN — More than half, or 56 percent, of the $1.5 billion investment portfolio of Puerto Rico’s savings & loan cooperatives is invested in … Continue reading

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