Professional Soldiers ® - View Single Post - Puerto Rico defaults on $58 million bond payment

Oldrotorhead · 08-03-2015, 18:34

The only reasonable solution is to let the bond owners eat the loss with PR getting a much lower credit rating and a much higher interest rate in the future. Lets see if the Feds agree.

Keep in mind that if the Feds bail out PR , CA, NJ and others will be lined up for their "fair share"

08-03-2015, 18:34	#4
Oldrotorhead Guerrilla Chief Join Date: Apr 2010 Location: Texas Posts: 830	The only reasonable solution is to let the bond owners eat the loss with PR getting a much lower credit rating and a much higher interest rate in the future. Lets see if the Feds agree. Keep in mind that if the Feds bail out PR , CA, NJ and others will be lined up for their "fair share" __________________ Oldrotorhead Last edited by Oldrotorhead; 08-03-2015 at 18:38.
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