Blackout in Puerto Rico - Archive

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Former UBS Insider Says Banks Fueled Economic Crisis in Puerto Rico
A former UBS insider is speaking out publicly about the bond frenzy that pushed Puerto Rico into default, and then landing it in bankruptcy just four months before Hurricane Maria.
May 1, 2018
How Banks Responded to "Blackout in Puerto Rico"
In the course of investigating Blackout in Puerto Rico, reporters for FRONTLINE and NPR reached out to several banking giants that were involved in underwriting Puerto Rican bonds to ask them about their involvement in a $3.5 billion debt offering in 2014 -- the largest bond offering of its kind in U.S. history.
May 1, 2018
How Puerto Rico's Debt Created A Perfect Storm Before The Storm
For years, the nation's largest banks made millions off Puerto Rican debt as the island approached financial ruin. Then, with its infrastructure crumbling, a Category 4 hurricane barreled in.
May 1, 2018
Inside the Federal Response to Maria: “Is This Really the Best FEMA Can Do?”
A new investigation from FRONTLINE and NPR into the response on Puerto Rico uncovers a government relief effort in chaos, struggling with key contracts, basic supplies and its own workforce.
May 1, 2018