Puerto Rico asked the U.S. Supreme Court on Tuesday for permission to restructure the debt of its financially struggling public utilities under a court-supervised regime similar to Chapter 9 bankruptcy laws used by U.S. cities such as Detroit and Stockton, California.
It is truly unfortunate that the island of Puerto Rico is being treated like a colony. A nation that it's population has served as a recruiting station for the US.
Look the Wall street hedge fund boys will get their money. The congress is neither giong to bail out the island or let the donors down