Puerto Rico's Debt Woes Are Conundrum for GOP – Wall Street Journal

Wall Street JournalPuerto Rico's Debt Woes Are Conundrum for GOPWall Street JournalAn appeals court upheld that ruling this week and said only Congress has the power to allow Puerto Rico's municipal authorities to seek bankruptcy protection. The island has run up nearly $72 billion in debt, aided by the power to issue bonds that aren …and more »

Baton Rouge company sets starting bid for local bank – Orlando Sentinel

Baton Rouge company sets starting bid for local bankOrlando Sentinel"The Bank continues to remain less than well capitalized," according to court documents filed in the bankruptcy case. "Full satisfaction of the terms of the Written Agreement will depend on raising a significant amount of additional capital. Any under …and more »

Lake Mary bank company files for Chapter 11 bankruptcy – Orlando Sentinel

Lake Mary bank company files for Chapter 11 bankruptcyOrlando Sentinel“The Bank continues to remain less than well capitalized,” according to court documents filed in the bankruptcy case. “Full satisfaction of the terms of the Written Agreement will depend on raising a significant amount of additional capital. Any under …and more »

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