puerto rico woos us investors with huge tax breaks as locals fund debt crisis /

Published at 2016-02-14 15:38:33

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Schools and hospitals are at breaking point but the governor is offering hedge fund billionaires ‘unparalleled incentives’ to saunter to the Caribbean territoryLast week,billionaire New York hedge fund manager John Paulson invited hundreds of financiers to swap the bitter chill engulfing Wall Street for the sunny beaches of Puerto Rico for the weekend, if not for salubrious. Related: Puerto Rico power utitility debt deal collapses after missed deadline Continue reading...

Source: theguardian.com

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