{"id":38903,"date":"2013-11-01T10:11:07","date_gmt":"2013-11-01T14:11:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38903"},"modified":"2013-11-01T10:11:07","modified_gmt":"2013-11-01T14:11:07","slug":"is-puerto-rico-the-next-detroit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2013\/is-puerto-rico-the-next-detroit.html","title":{"rendered":"Is Puerto Rico the next Detroit?"},"content":{"rendered":"<p>CNN &#8211; Puerto Rico has been called the next Detroit and the next Greece. It&#8217;s buried in debt and possibly teetering on the edge of bankruptcy.<\/p>\n<p>But that isn&#8217;t scaring away hedge funds. So-called vulture investors that buy the bonds of troubled companies (and municipalities) have been scrambling to purchase as much of Puerto Rico&#8217;s roughly $70 billion in outstanding debt as possible over the past several months. Their interest comes following a huge plunge in Puerto Rico&#8217;s bond prices over the summer.<\/p>\n<p><a href=\"http:\/\/money.cnn.com\/2013\/10\/31\/investing\/puerto-rico-hedge-funds\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNN &#8211; Puerto Rico has been called the next Detroit and the next Greece. It&#8217;s buried in debt and possibly teetering on the edge of bankruptcy. But that isn&#8217;t scaring away hedge funds. So-called vulture investors that buy the bonds [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38903","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38903"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38903\/revisions"}],"predecessor-version":[{"id":38904,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38903\/revisions\/38904"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}