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Joe Coleman quoted in article “Who foots the bill for Puerto Rico’s recovery?”

News, Bankruptcy, Insolvency & Creditors’ Rights, Articles / October 26, 2017 / Joseph M. Coleman

KRCL Director Joseph M. Coleman was recently interviewed for an article titled, "Who foots the bill for Puerto Rico’s recovery?" published in CA Today, the international publication for Chartered Accountants. The article examined the impact of the 2017 hurricanes on the economic recovery of Puerto Rico.

Who Foots the Bill for Puerto Rico’s Recovery?
Joe Coleman Quoted on PR Economic Recovery After Hurricanes

“You have a tremendous amount of bond investors with billions of dollars of bond debt and retirement funds invested in Puerto Rico bonds, and investment companies that have tremendous amounts invested,” said Joe in the article. “Now there’s a question of when those will be paid and the ripple effect throughout the US and world is significant.” [read the full article]