{"id":60378,"date":"2017-10-13T09:12:21","date_gmt":"2017-10-13T13:12:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=60378"},"modified":"2017-10-13T09:12:21","modified_gmt":"2017-10-13T13:12:21","slug":"maria-made-puerto-ricos-giant-debt-even-trickier-for-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2017\/maria-made-puerto-ricos-giant-debt-even-trickier-for-hedge-funds.html","title":{"rendered":"Maria Made Puerto Rico\u2019s Giant Debt Even Trickier for Hedge Funds"},"content":{"rendered":"<p>(Bloomberg) After President Trump said in an Oct. 3 television interview that Puerto Rico\u2019s debt would have to be forgiven, the price of bonds issued by the U.S. territory fell as much as 31 percent, a massive move in the staid world of municipal credit. The president has no direct control over a question that\u2019s being hashed out in the courts, yet the market\u2019s panic attack underscored a simple truth: Puerto Rico\u2019s insolvency, already a complicated and painful problem, has become thornier since Hurricane Maria slammed into the island on Sept. 20.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-10-12\/maria-made-puerto-rico-s-giant-debt-even-trickier-for-hedge-funds\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) After President Trump said in an Oct. 3 television interview that Puerto Rico\u2019s debt would have to be forgiven, the price of bonds issued by the U.S. territory fell as much as 31 percent, a massive move in the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60378","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60378","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=60378"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60378\/revisions"}],"predecessor-version":[{"id":60379,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60378\/revisions\/60379"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=60378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=60378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=60378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}