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Or maybe it will last.... Naked Capitalism reports on who owns the debt. It isn't G-S.
That mystery has finally been solved, with the help of the The Baupost Group, who unmasked themselves to The Intercept. The Baupost Group, a Boston-based hedge fund managed by billionaire Seth Klarman, owns nearly a billion dollars of Puerto Rican debt, purchased under a shell company subsidiary and hidden from public scrutiny. Baupost acquired the debt through an on-paper Delaware-based corporation named Decagon Holdings LLC, whose beneficial owner had been unknown until now.

[...]

He is known as the top campaign contributor in New England, and has been a major donor in Republican politics in Massachusetts, including largely secret support for 2016's Question 2, an ultimately unsuccessful effort to lift a state cap on charter schools. Klarman supported Hillary Clinton in 2016, calling Trump "completely unqualified for the highest office in the land."

by gk (gk (gk quattro due due sette @gmail.com)) on Wed Oct 4th, 2017 at 06:47:39 AM EST
[ Parent ]
Another case of misplaced precision. "Paul Singer" is a trope; "Jesus" is a trope. These tropes denote a two beliefs, or "value," systems expressed by people and the predictable outcome of each.

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 4th, 2017 at 05:11:21 PM EST
[ Parent ]

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