As Puerto Rico prepares to sell $900 million in new bonds, Prof. Arturo Porzecanski focuses attention on the Government Development Bank’s key role in Puerto Rico’s financial crisis | SYS-CON MEDIA

WASHINGTON, Sept. 22, 2014 /PRNewswire-USNewswire/ — Just days after Puerto Rico announced plans to issue $900 million in additional revenue-backed debt, American University international economist Arturo Porzecanski will host a media teleconference, Wednesday, September 24, from 12 noon to 1 PM EDT, to discuss the upcoming bond offering and his new report on Puerto Rico’s Government Development Bank (GDB), which highlights its central role in the Commonwealth’s fiscal crisis.

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