Claim(permalink)
"Puerto Rico’s $70 billion debt is unsustainable and it is unpayable. And the reason why it is unsustainable has everything to do with the greed of Wall Street vulture funds."
✓politifact rating: uncertain; published on 2016-05-19
Factors
veracity
uncertain
Political Leaning
left political leaning
Sentiment
neutral sentiment
Date published
2016-05-19
Entities
MarsCongress.govWall StreetLinda McMahonPricewaterhouseCoopersThe CombinationUBSVulture fundDark moneyBond credit ratingBloomberg NewsInterest rateCredit ratingDebt reliefSales taxFact-checkingUnited States Department of the TreasuryPolitiFactGreat RecessionTerritories of the United StatesFortunaMoody's Investors ServiceSan Juan, Puerto RicoGoldman SachsTown hall meetingCredit cardHedge fundBailoutBankruptcyCNBCConnecticutThe Wall Street JournalFederal ReserveReutersManagementRecessionMississippiThe GuardianDemocracyCalifornia Republican PartyFake newsObesityOklahomaPuerto RicoValue-added taxGeorge WashingtonUnited States dollarPresidency of Barack ObamaPovertyMedicaidBernie SandersBill ClintonFox NewsUnited States CongressChief executive officerArgentinaNew York CityCNNPresident of the United StatesPoliticoRoll CallMunicipal bondStephen ParkInvestopediaSan Francisco Municipal RailwaySecondary marketElectoral district of ProspectCorporate lawCorporate bondMorningstar, Inc.Public utilityHigh-yield debtGreek government-debt crisisDebt restructuringRepublicanismCitigroupEuropean debt crisisFinancial crisis of 2007–2008Business Wire