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Robert Slavin

Recent Stories From this Author

Puerto Rico's Unemployment Rate Slips
January 27, 2015 Puerto Rico's unemployment rate declined by four tenths of a percentage point to 13.7% in December.

Puerto Rico Is Getting Feedback on Tax Reform
January 23, 2015 Puerto Rico's government is getting feedback on a major tax reform that it is currently working on to improve the island's...

PREPA Won’t Get Quick Benefit from Plunging Oil: Moody's
January 23, 2015 The recent rapid decline in oil prices may help Puerto Rico's economy and the Puerto Rico Electric Power Authority long-term...

Moody's Expresses Concern Over GDB's Liquidity
January 21, 2015 An unexpected drop in liquidity at the Government Development Bank for Puerto Rico raises the significance of a planned bond...

Puerto Rico December Revenues Fall 7% Short of Expectations
January 20, 2015 Puerto Rico’s December revenues came in 7% short of budgeted projections.

Puerto Rico Oil Tax Bill Is Amended and Signed
January 16, 2015 The Puerto Rico governor signed a bill amending an oil tax rise bill, opening the way for potential inflation adjustments to...

State Reserves Declined Substantially in Fiscal 2014
January 16, 2015 The median level of state reserves declined by 21.5% in fiscal year 2014 and is expected to decline further this fiscal year,...

Puerto Rico GDB's Liquidity Declines
January 16, 2015 The Government Development Bank for Puerto Rico's liquidity level declined by nearly 30% in December.

Puerto Rico Governor Signs Oil Tax Rise Bill
January 15, 2015 Puerto Rico Gov. Alejandro García Padilla signed a bill Thursday that will raise oil taxes and provide support to the PRHTA...

Why So Many Big Bankruptcies?
January 14, 2015 Analysts attribute the spate of municipal bankruptcies since 2011 to the aftereffects of the 2008 credit crisis and Great...


Contrary to the assertion in a Bond Buyer article that the 2010s may turn out to be the decade of the municipal bankruptcy, it is remarkable how few muni bankruptcies were sought in the wake of the most severe fiscal crisis to hit local governments since the Great Depression.

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