For Puerto Rico Bondholders, The Chickens Have Come Home To Roost |
| February 11, 2014 | February 2014 Bond Updates |
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After seven years of recession, a ballooning budget deficit and billions in unfunded pension liabilities, Puerto Rico’s bonds last week were downgraded by two agencies, Standard & Poor’s and Moody’s, to “junk” status. |
| View more at: http://www.forbes.com/sites/jakezamansky/2014/02/11/for-puerto-rico-bondholders-the-chickens-have-come-home-to-roost/ |
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