As Puerto Rico Faces $95 Billion Cleanup, Exposé Reveals Vulture Firms Who O wn Its $74 Billion Debt


Published on Oct 18, 2017 Democracy Now!

https://democracynow.org – One month after Hurricane Maria devastated Puerto Rico, a major new investigation examines the looming question of what will happen to the island’s $74 billion debt as it faces an estimated $95 billion in storm-related damage. We speak with reporters at the Center for Investigative Journalism and In These Times who spent five months digging through court filings and documents from financial firms and much more in order to put together the most up-to-date list of 10 of the largest financial firms that are now scrambling to get billions out of the bankrupt island as it tries to rebuild. Several of the funds were complicit in past financial crises in other parts of the world.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s