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The Puerto Rico Bond Saga Continues

In our latest post on the Puerto Rico bond saga, we discussed President Obama’s signing of a new law that created a financial oversight board (FOB) responsible for approving the restructuring of the U.S. territory’s $70 billion debt. In that article, entitled Puerto Rico’s New Law is a Rearrangement of the Deck Chairs on the … The post The Puerto Rico Bond Saga Continues appeared first on Zamansky LLC.
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President Obama at the end of June signed a new law creating a financial oversight board – or FOB – with the power to approve a court-supervised restructuring of Puerto Rico’s massive $70 billion debt. The law came a day before the ...

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