Wall Street's Vultures Are Circling Puerto Rico's Bond Market

January 28, 2014   |   January 2014 Bond Updates
The vulture hedge funds are circling Puerto Rico’s $70 billion municipal bond market and are about to swoop. This is another round of disturbing news for Mom and Pop investors who own UBS closed-end Puerto Rico bond funds as well as the tens of thousands of other investors who own Puerto Rico debt in Municipal bond funds that brokers sold to them as safe, steady and reliable investments.

View more at: http://www.forbes.com/sites/jakezamansky/2014/01/27/wall-streets-vultures-are-circling-puerto-ricos-bond-market/
 
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