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[UPDATED] Puerto Rico: More Views, Including on the Role of the Obama Administration

posted by Melissa Jacoby

Watch here at 1pm ET to see former Treasury official Brad Setser, now senior fellow at the Council on Foreign Relations, talk about Puerto Rico (along with Cate Long, Dick Ravitch, and Aaron Kuriloff). [March 9 UPDATE: transcript available here]

Read here for proposals of Puerto Rico governor candidate Ricardo Rosselló Nevares, including Treasury assisting with interim financing, with an analogy to GM and Chrysler during the 2008 financial crisis (see point 6 in the document).

[March 9 UPDATE: lest anyone need reminding of what can happen when a majority of creditors cannot bind holdouts, check out Anna Gelpern's recent assessment of the Argentina settlement]  

 

March 8, 2016 at 11:48 AM in Municipal Bankruptcy, Puerto Rico, Sovereign Debt

Comments

professor jacoby, you are an excellent law school professor. Stop quoting a candidate bought by vultures with information you get from cate long, beholden to vultures.

Posted by: Kulikitaka | March 13, 2016 at 03:56 AM

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