Puerto Rico Governor 'Open' to Creditor Talks

The transcript discusses the implications of the PROMESA law on Puerto Rico's negotiations with creditors. It highlights the cancellation of a meeting due to the creation of an oversight board and the increased leverage Puerto Rico now has due to litigation protection. The discussion also covers expectations for future payments and the role of the oversight board in legislative decisions, emphasizing the balance between federal intervention and local governance.

What are the implications of the PROMESA law for negotiations with creditors?

What challenges did the speaker face in negotiating with creditors prior to the PROMESA law?

In what ways does the speaker believe the PROMESA law provides leverage in negotiations?

How did the approval of PROMESA affect the oversight board's role in negotiations?

What concerns does the speaker express regarding the federal oversight board's intervention?