Closing time for Puerto Rico: Difference between revisions

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Latest revision as of 18:46, April 29, 2016

This is an opinion item.

Author(s) Eric Peters
Source The Detroit News
Date March 18, 2016
URL http://www.detroitnews.com/story/opinion/2016/03/18/peters-closing-time-puerto-rico/82003772/
Quote
Quotes-start.png What makes this story particularly obnoxious is that Padilla sought out private investment capital to balance the books, promising investors the government would never (fingers crossed!) seek or declare bankruptcy protection... while at the same time hiring bankruptcy advisers under the proverbial table. Quotes-end.png


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This item argues against the position Puerto Rico should be allowed to declare bankruptcy on the topic Puerto Rican government-debt crisis.