Puerto Rico is bankrupt, but the government has still conceded $20 billion in corporate tax breaks, even while imposing severe austerity measures. Now we know who is benefiting.
Tag: Puerto Rico
La presidenta de SUNY se está retirando silenciosamente de la junta de AES en medio de la presión sobre cenizas de carbón tóxicas
Kristina Johnson, la presidenta de la Universidad Estatal de Nueva York ha renunciado silenciosamente a la junta de directores de AES
SUNY Chancellor is quietly stepping down from AES Corp board amid pressure over toxic coal ash
Kristina Johnson is leaving the board of AES Corp, which has been dumping hazardous waste in Puerto Rico
SUNY Chancellor sits on board of AES, a coal power company dumping toxic waste in Puerto Rico
SUNY Chancellor Kristina Johnson has been lauded for her Puerto Rico aid initiative while sitting on the board of a coal company poisoning Puerto Ricans.
La presidenta de la Universidad Estatal de Nueva York (SUNY) es miembro de la junta de directores de AES, la compañía de energía que deposita desechos tóxicos en Puerto Rico
La presidenta de SUNY, Kristina Johnson, ha estado recibiendo alabanzas por su iniciativa de ayuda de Puerto Rico mientras se encuentra en la junta de una compañía de carbón envenenando a los puertorriqueños.
Debt vultures behind Puerto Rico austerity are also fueling climate change
Hedge funds behind the austerity-driven humanitarian crisis in Puerto Rico are also fueling climate change with equity investments in fossil fuel companies whose emissions supercharged the hurricanes that devastated the island.
Trump’s Billionaire Club, Part 1: John Paulson
While Donald Trump was campaigning for president, many prominent Wall Street Republicans refused to publicly support him. One notable exception was John Paulson, the billionaire hedge fund manager famous for making $4 billion by betting that the housing market would collapse in 2007. Paulson is the founder of Paulson & Co., a New York City-based …
Hedge funds may need to find another astroturf group to help them attack Puerto Rico
A hedge-fund backed front group opposing bankruptcy in Puerto Rico is in disarray. Board members of the group, the 60 Plus Association, are suing the group’s president, Amy Frederick, for secretly funneling payments to companies controlled by her husband. Hedge funds recruited 60 Plus to form a group, Main Street Bondholders, that pretends to represent …