bankruptcy

Puerto Rico governor announces $11.4 million investment with ‘Imprisoned’

 06/09/2017 - 06:59
Actors Edward James Olmos (R), Laurence Fishburne (C) and Juan Pablo Raba during a press conference in San Juan, Puerto Rico, June 8, 2017. EFE/Jorge Muñiz

[OP-ED]: Preparing for the next panic -- or not

 06/06/2017 - 17:15
The “American economy will need a coordinated response, particularly if the entire financial system suffers a panic or lack of liquidity.” Bankruptcy judges cannot provide this response. It is best left to the Treasury, Federal Reserve and FDIC.
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When the next financial crisis hits -- an event that may be years or decades away -- we will learn whether this Congress and the president drew the right lessons from the 2008-09 financial crisis. Congress is arguing over whether government can avoid “bailouts” of large financial institutions and still prevent a full-blown crisis. With all of President Trump’s trials and tribulations, hardly anyone is paying attention.

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Tuesday, June 6, 2017 - 5:00pm
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The “American economy will need a coordinated response, particularly if the entire financial system suffers a panic or lack of liquidity.” Bankruptcy judges cannot provide this response. It is best left to the Treasury, Federal Reserve and FDIC.

Puerto Rico government bank reaches deal with some creditors

 05/16/2017 - 04:55
 Gov. Ricardo Rosselló, speaking in San Juan, Puerto Rico on May 15, 2017. EFE/Puerto Rico's Governors Office

Puerto Rico's Government Development Bank (GDB) reached a debt-restructuring agreement with a "significant group" of creditors,  avoiding a protracted bankruptcy.

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Posted Date: 
Tuesday, May 16, 2017 - 4:45am
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EFE
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 Gov. Ricardo Rosselló, speaking in San Juan, Puerto Rico on May 15, 2017. EFE/Puerto Rico's Governors Office

Obama urges political courage to save health bill

 05/08/2017 - 05:35
Former US President Barack Obama speaks after being presented the 2017 John F. Kennedy Profile In Courage Award at the John F. Kennedy Library in Boston, Massachusetts, USA, 07 May 2017. EPA/CJ GUNTHER

The Affordable Care Act (ACA) approved by Obama in 2010, was, despite its failures, his greatest national political achievement which provided health insurance to tens of millions of people and saved as many millions of families who almost fell into bankruptcy because one of their family members were sick.

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Posted Date: 
Monday, May 8, 2017 - 5:30am
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EFE
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Former US President Barack Obama speaks after being presented the 2017 John F. Kennedy Profile In Courage Award at the John F. Kennedy Library in Boston, Massachusetts, USA, 07 May 2017. EPA/CJ GUNTHER

Puerto Rico files for bankruptcy

 05/04/2017 - 06:20
Puerto Rico Gov. Ricardo Rossello Nevares (L), next to representative to the Fiscal Oversight Boar (JSF), Elias Sanchez (R), during a press conference at La Fortaleza Governor residence, in San Juan, Puerto Rico, May 3, 2017. EFE/Thais LLorca

 Puerto Rico on Wednesday sought relief under a law enacted to help the United States commonwealth restructure its massive debt load, paving the way for what could be the largest-ever bankruptcy case involving a US local government entity.

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Posted Date: 
Thursday, May 4, 2017 - 6:15am
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EFE
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Puerto Rico Gov. Ricardo Rossello Nevares (L), next to representative to the Fiscal Oversight Boar (JSF), Elias Sanchez (R), during a press conference at La Fortaleza Governor residence, in San Juan, Puerto Rico, May 3, 2017. EFE/Thais LLorca

Puerto Rico consigue protección contra la bancarrota, pero no todos lo celebran

 05/09/2017 - 13:37
Puerto Rico. Foto Cortesía de Creative Commons Wikimedia.
Spanish

Puerto Rico recurre a la protección contra la bancarrota.

Posted Date: 
Monday, May 8, 2017 - 3:00pm
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Puerto Rico. Foto Cortesía de Creative Commons Wikimedia.

Puerto Rico gets bankruptcy protection but not all are celebrating

 05/08/2017 - 15:20
Puerto Rico Gov. Ricardo Rossello Nevares (L), next to representative to the Fiscal Oversight Boar (JSF), Elias Sanchez (R), during a press conference at La Fortaleza Governor residence. Puerto Rico on Wednesday sought relief under a law enacted to help the United States commonwealth restructure its massive debt load, paving the way for what could be the largest-ever bankruptcy case involving a US local government entity.. EFE
English

Puerto Rico files for bankruptcy protection.

Posted Date: 
Monday, May 8, 2017 - 3:00pm
Main Section: 
Tags: 
Caption: 

Puerto Rico Gov. Ricardo Rossello Nevares (L), next to representative to the Fiscal Oversight Boar (JSF), Elias Sanchez (R), during a press conference at La Fortaleza Governor residence. Puerto Rico on Wednesday sought relief under a law enacted to help the United States commonwealth restructure its massive debt load, paving the way for what could be the largest-ever bankruptcy case involving a US local government entity.. EFE

Hatred, hatred, and more hatred of Latinos spilling across the country

 08/29/2010 - 12:03
Hatred, hatred, and more hatred of Latinos spilling across the country