vulture funds

In his second term, U.S. President Donald Trump and the Make America Great Again movement have decided to leave their mark on the entity created by the federal PROMESA Act. Once again, the debt of the Puerto Rico Electric Power Authority and the reconstruction of the power grid are treated as the spoils of war.

Financial sources state that currently between 40 or 50 percent of the debt of the government of Puerto Rico is under the control of hedge funds, which in turn are part vulture funds. Their influence on public policy decisions is increasingly evident.