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Hedge funder says Puerto Rico is better off with massive debt


Expunging Puerto Rico’s massive debt load is “impractical” and will harm the island more than help it, according to one hedge fund investor. Erasing the debt will hurt not only the hedge funds that own the debt but will also have a “devastating effect” on Puerto Ricans who own the debt, said Seth Klarman, of...
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Source: New York Post


03:28, October 21, 2017 Carleton English

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