Puerto Rico Leaves Creditors Wanting More as Protests Hit Banks

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(Bloomberg) -- Puerto Rico Government Development Bank president Melba Acosta speaks about the case for a restructuring of the commonwealth's $72 billion of debt. Jim Millstein, a former Treasury Department official who is advising Puerto Rico, also spoke at the event. (Source: Puerto Rico Government Development Bank)

As demonstrators waved Puerto Rico flags, shook maracas and held signs that read “U.S. banks play roulette and the people pay the debt,” commonwealth officials won little support among investors for plans to restructure the island’s $72 billion debt burden.

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