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Articles Posted in Puerto Rico Economic Crisis

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Ex-UBS Official Recounts How the Bank Got Investors to Take on More Puerto Rico Debt

A former UBS (UBS) banking official is claiming that Wall Street banks like his previous employer played a key role in the Puerto Rico economic crisis that has left the U.S. territory more than $70 billion in debt and mired in bankruptcy-like proceedings. The ex-UBS official, Carlos Capacete, was interviewed…

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