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 Oversight and Management Board (FOMB) appointed by the U. ...
Puerto Rico New Debt Agreement
Puerto Rico would shed about $24 billion of debt and move closer to exiting bankruptcy under an agreement with bondholders announced on Sunday by the ...
Puerto Rico Tentative Debt Secret Deals
The Fiscal Oversight and Management Board overseeing Puerto Rico’s debt restructuring have reached a tentative agreement with bondholders that moves t ...
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, introduced a bill that would give the US te ...
Ricardo Rossello Immenent Resagnation and Who is Next
San Juan, PR - Initially in the evening of Tuesday July 24th social media outlets began to leak information that Ricardo Rossello was finally resignin ...
PROMESA Board Selective Process, Bad Actors, Congress and Distrust
On Wednesday April 24th, in Federal court located in San Juan and streamed live via close circuit to a Federal court in New York City, Judge ...
Puerto Rico $2.7 million Fiscal Oversight Management Board in PR Contracts
The Fiscal Oversight Financial Board (FOMB) that controls the financial decisions of the government of Puerto Rico signed a contract with th ...