(Bloomberg) The top Democrat on the U.S. House Natural Resources Committee is pushing for a congressional hearing into the role of hedge funds in Puerto Rico’s debt crisis. Making the request Wednesday, Representative Raul Grijalva of Arizona pointed to a Sept. 4 report by his staff asserting that some hedge-fund managers are trying to affect the outcome of the crisis to pad profits rather than accept losses from investment miscalculations.
House Urged to Investigate Hedge Fund Role in Puerto Rico Crisis
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