Puerto Rico Rejects Loan Offers, Accusing Hedge Funds of Trying to Profit Off Hurricanes

Confounding

Gold Member
Jan 31, 2016
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There's no low people won't sink to when it comes to making a buck. I guess they don't get disaster relief even though they are part of the U.S? Must be because there are no votes to buy.

Puerto Rico Rejects Loan Offers, Accusing Hedge Funds of Trying to Profit Off Hurricanes

Puerto Rico has rejected a bondholder group’s offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico’s Fiscal Agency and Financial Advisory Authority said the offer was “not viable” and would harm the island’s ability to recover from the storm.
 
What's the point in having hurricanes if you can't profit from them?
 

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