FIRST AIRED: August 2, 2015

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Transcript

00:00:00
cash strapped to puerto rico mister bod paymet due saturday a evet which will trigger the first default by the commowealth ad brig closure to what could be oe of the largest muicipal debt restructurigs i history mega davies covers the muicipal bod market for reuters ow havig to cosider whether priorities lie , terrifyig if it had the right thigs o friday goveror ali hadled by the u. s. seate territory does ot have eough moey to pay the fifty millio dollars due o its public fiace corporatio borrows at the most otable missed bod paymet , troy papa bakruptcy ito thousad thirtee , ad log term they get their ecoomy , what do you recall has bee strugglig with slow ecoomic growth ad dwidlig tax reveues puttig a det i cash flow ad makig it sevety two billio dollar debt load that much more itimidatig