Sent Ripples News Today

Puerto ricos massive debt will have to be wiped out to help it recover from extensive damage. puerto ricos bonds plunging on the presidents comments. mike tobin is live in san juan with more. mike. >> well, melissa, a lot of what the president said yesterday sent ripples across puerto rico. initially the filing looked like $73 billion but when you look at the power to issue debt or bonds you talk about a figure upward of $120 billion. the president told geraldo that goldman sachs or whoever woul...