Daughters' savior Blue Mountain is deeply involved in Puerto Rico debt crisis – San Francisco Business Times (blog)

Daughters' savior Blue Mountain is deeply involved in Puerto Rico debt crisisSan Francisco Business Times (blog)The California hospital system includes four facilities in the Bay Area and two safety net hospitals in the Los Angeles area. But in Puerto Rico, mired in a bond crisis that threatens to bankrupt the U.S. Commonwealth, Blue Mountain is a major player …

4 options loom as Wayne County weighs financial crisis – Detroit Free Press

Detroit Free Press4 options loom as Wayne County weighs financial crisisDetroit Free Press… This predicament and much is unknown. “None of these are necessarily perfect because none of the options have any degree of certainty,” said Doug Bernstein, a restructuring expert and bankruptcy attorney who represented foundations that helped save …and more »

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