09/13/2011
https://congress.gov...
"I think PROMESA has been a disaster."
"I couldn't agree with you more. I think that one of the very damaging parts of PROMESA was that it diffused the responsibility over the fiscal affairs of Puerto Rico..."
"Those bond buyers, of course, now have to look at that and say, these are a lot more riskier than we thought."
"I think, has been a real serious problem."