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Democracy Now!

Puerto Rico: Vulture Funds to Make a Killing in Deal to Restructure Debt

4 years ago Democracy Now

“A federal judge has approved a plan for Puerto Rico to restructure a portion of its debt which would require Puerto Rico to pay $32 billion over 40 years. Critics say the deal will allow vulture funds to make huge profits by buying up those debts. Several of those vulture funds include public employee pension…

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