Relevant:
- Imploded: Westernbank Puerto Rico, Mayaguez, Puerto Rico
- Imploded: R-G Premier Bank of Puerto Rico, Hato Rey, Puerto Rico
- Detroit 'Contagion' Spreads; Widely-Held Puerto Rico Muni Bonds Collapse
- Puerto Rico's Debt Is Quietly Sitting in Mom and Pop Mutual Funds as Trump Says "It Will Be Wiped Out"
- Imploded: Eurobank, San Juan, Puerto Rico
2014-07-10 — zerohedge.com
``A Franklin Templeton Investments municipal-bond fund with the industry's biggest allocation to Puerto Rico has sunk to the lowest in its 29-year history as prices on the struggling commonwealth's debt set record lows... The Franklin Bond fund "is essentially acting like a Puerto Rico fund...''
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