Page 2 - Eio U News Today : Breaking News, Live Updates & Top Stories | Vimarsana

But when that incentive expired in 2006 concurrent with a major recession in the states, those companies packed up and left. thousands of puerto ricans followed, looking for jobs that no longer existed on the island. the tax base shrunk drastically creating a dire need for cash to shore up basic needs and services. so along came the municipal bond. a big, fat, i-o-u that appeared to be salvation for a near-broke government. they're sexy for investors, triple exempt from taxes, and bond owners buying puerto rican debt would have to be paid back before anyone. that's anyone. hedge funds, or vult...

People. but when that incentive expired in 2006 concurrent with a major recession in the states, those companies packed up and left. thousands of puerto ricans followed, looking for jobs that no longer existed on the island. the tax base shrunk drastically creating a dire need for cash to shore up basic needs and services. so along came the municipal bond. a big, fat, i-o-u that appeared to be salvation for a near-broke government. they're sexy for investors, triple exempt from taxes, and bond owners buying puerto rican debt would have to be paid back before anyone. that's anyone. hedge funds,...

>>il: whe outsm s e paula ryan l ving thi>>: heide fo s nowau ne yeaans lng buhiethe i e fo taingow aut $neea trlionnu i ts ovta 10g a yea $till aronnel v0 of aealllost dt butit s stgoin dut do. wodin you fddo tha wookay ou >> fest:he awerhais it seemlikeayhey are mov g in>>t: ar the tght demectike.yre weovin e t apecia dti ryas sapwnia aderip wch i lking iny ngre. s weeedto reverew w ihe pn l ifngin morepecics b orere we cwed evll u, p heif as o rre 60ci bewe c agese o0 eshe puforwd a itill te day. puunlirwembe at ol t coness e actuayly rd the libe o this.ons neil thetu f rtth th i hi leesut ...

Latest updates on this topic from reliable sources.