Wednesday, December 30, 2015

Puero Rico Governor saves the mansion!

Washington (AFP) - Puerto Rico said Wednesday that it would default on part of $1 billion in bond payments due January 1, blasting "hedge and vulture fund" creditors for blocking the restructuring of the island's debt.
Alejandro Garcia Padilla, governor of the US island territory struggling with more than $70 billion in debt, said that it would miss about $37 million in payments to ensure the government has enough funding to pay salaries, pensions and other creditors.

But wait!
Puerto Rico Governor Alejandro Garcia Padilla, photographed at the Governor's Mansion on November 14, 2013 in San Juan, said December 30 2015 that the island commonwealth would default on a portion of a bond payment due January 1 2016© Getty/AFP/File Christopher GregoryPuerto Rico Governor Alejandro Garcia Padilla, photographed at the Governor's Mansion on November 14, 2013 in San Juan, said December 30 2015 that the island commonwealth would default on a portion of a bond payment due January 1 2016


thdey still want to pay for the govefrnor's ,mansion!  Hig them with lawyers until the mansion is sold.

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