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Puerto Rico's Crisis Affects Connecticut

Puerto Rico's Crisis Affects Connecticut

There are some 1,700 miles of land and sea separating Hartford from San Juan, Puerto Rico, making it tempting for Connecticut's residents to ignore the Caribbean island's desperate economic crisis. A word to the wise: Resist the temptation. The ripple effects of the island's recent failure to pay part of its $72 billion in debt will have a negative impact not only on the island's residents but also on the millions of Americans in the states whose investments hold Puerto Rican municipal bonds, including thousands of Connecticut investors and retirees. Whether you live in Bridgeport or Bayamón, helping Puerto Rico emerge from the worst financial crisis in more...

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