Racial Equity Resource Guide


How Hedge Funds Deepen Puerto Rico's Debt Crisis

Organization: American Prospect

View Website

This article explains that Puerto Rico is the latest battlefield for hedge funds called “vultures,” which descend on troubled governments. In Greece, Argentina, Detroit, and now Puerto Rico, vultures have bought distressed debt on the cheap, and then used coercion, threats, and legal action to secure a massive windfall, compounding the effects on millions of citizens.

Do you have an account?

Log into your account.

Please sign in or register here. Forgot Password?

Login Error!

The credentials you provided are incorrect. Please close this modal box and try again.

If you have forgotten your password, please use our Forgot Password form to retrieve it or register here.

Registration Error!