Month: July 2015
Public Finance Corp. (PFC) to Meet with Legal Council In Response To Puerto Rico Default
Public Finance Corp. (PFC), U.S. Bank Trust National Association has reportedly filed a statement announcing that it is seeking legal...
Update on Puerto Rico Bond Crisis
Representatives of Puerto Rico met with some of the islands creditors on Monday. Reuters has reported that they met with creditors to...
Decrease in Oil Prices yields high risk for bonds
The price of oil at one time fell from $100 per barrel to $43 per barrel. Though prices have bounced back to $60 per barrel, investors in...
OppenheimerFunds and Puerto Rico municipal bonds
Puerto Rico can’t use bankruptcy to get rid of its debts. It is attempting to force the government to negotiate, and the meeting was...
AlphaBridge Capital Management Charged with Fraudulently Inflating Prices of Securities in Hedge Fund Portfolios.
According to the Securities and Exchange Commission website, a Greenwich, Conn.-based investment advisory firm and its two owners...
Puerto Rico Still Seeking Way Out Of Financial Crisis
Since Gov. Alejandro Garcia Padilla’s announcement last week that the commonwealth’s $72 billion in bond debt is...
