Suprise - Bailout Puerto Rico Or Risk "Chaotic Unwinds

[Copper Catcher]

2008 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

[messymessy]

There is risk in every investment and I say tough luck to the bond holders.