Suprise - Bailout Puerto Rico Or Risk "Chaotic Unwinds
Posted: Mon May 02, 2016 2:56 pm2008 Deja Vu? Treasury Warns Congress - Bailout Puerto Rico Or Risk "Chaotic Unwinds... Cascading Defaults
http://www.zerohedge.com/news/2016-05-0 ... nwinds-cas
It is only Puerto Rico who will be on the default docket today because in the last possible minute, Atlantic City's mayor Don Guardian announced that his city had made the required $1.8 million in interest payments due May 1, averting what would have been New Jersey’s first municipal default since the Great Depression as state lawmakers bicker over how to assist the troubled gaming hub.
http://www.zerohedge.com/news/2016-05-0 ... ming-defau
http://www.zerohedge.com/news/2016-05-0 ... nwinds-cas
It is only Puerto Rico who will be on the default docket today because in the last possible minute, Atlantic City's mayor Don Guardian announced that his city had made the required $1.8 million in interest payments due May 1, averting what would have been New Jersey’s first municipal default since the Great Depression as state lawmakers bicker over how to assist the troubled gaming hub.
http://www.zerohedge.com/news/2016-05-0 ... ming-defau