Puerto Rico FOMB lack of transparency to possible fraud bond deal
San Juan, Puerto Rico – Many news outlets began to prematurely celebrate that the Financial…
Tag: bonds
New York Pension Bomb or Bankruptcy
For decades warnings of New York’s disastrous pension fund have been in the radar of…
Bull on a Bear Market, When We Replace Toilet Paper with Dollars
Amazon reached a whopping P/E of 99x. Looking back, we’ve seen the stock market rise…
Stock Market Crash 2020 – 5 Reasons
This could be the crash that many have been predicting for sometime now. It could…
Puerto Rico New Debt Agreement
Puerto Rico would shed about $24 billion of debt and move closer to exiting bankruptcy…
Puerto Rico Tentative Debt Secret Deals
The Fiscal Oversight and Management Board overseeing Puerto Rico’s debt restructuring have reached a tentative…
Puerto Rico Fiscal Board all Tricks and No Treats for Congress
In July 2019, Sens. Elizabeth Warren, a Massachusetts Democrat, and Bernie Sanders, a Vermont independent,…
PROMESA Board Seeks to Hide the Names Responsible for Puerto Rico’s Financial Collapse
The Fiscal Oversight Management Board (FOMB) responsible for negotiations of Puerto Rico’s debt filed an…
Rally to Cancel Puerto Rico’s Debt – #CancelTheDebt
On March 13th, in the Southern District Federal Court of New York at 500…
Fiscal Board members are declared unconstitutional
The Court of Appeals of the First Circuit of Boston revoked Judge Laura Taylor Swain, who will…