Gil Hall

Currently writing book on PR crises. Working title: "Los Pertrechos: the Story of an Economy". Polyglot prone to prolixity in English, German &, Spanish. Based between San Juan and North Carolina. MBA/MHA.

GDB corrects $2.3 billion mistake in unaudited financials

Tonight the Government Development Bank of Puerto Rico announced via EMMA that a $1.14 billion figure shown on the Commonwealth’s unaudited financials dated 11-6-2015 as a negative was actually a positive.  The change resulted in an $2.3 billion correction. A one paragraph statement that was released with the new numbers, the core content of which was: This Errata Notice corrects an inadvertent error in the …

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Luis Dávila Colón: PR default is imminent

The prominent Puerto Rican journalist and attorney Luis Dávila Colón said last Thursday he believes there will be a default on Puerto Rico’s Government Development Bank bond payment of $354 million due on December 1, 2015. In an interview recorded with PRNewsRoundup.com’s Cate Long (@cate_long) and Gil Hall (@gillamhall), Dávila Colón (@davilacolon) said that  government officials “have decided not to pay–even the GOs–and …

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Interview with Luis Davila Colon

Puerto Rico news analyst and commentator Luis Davila Colon’s weekday radio show on WKAQ AM 580 is one of the highest rated in Puerto Rico. (Yes, no typo; AM radio is huge in PR.) In the second PRNewsroundup.com podcast, Luis discusses PR electoral politics with Cate and Gil. It’s a hot topic, and Luis doesn’t disappoint. He drops several bombshells you’ll want …

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Podcast 1: PR Government Development Bank, present and future

Cate Long and Gil Hall discuss recent events with the PR Government Development Bank.

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Senate hearing: what would you have asked?

As we watched the hearings on Thursday, a thousand questions came to mind. Which got us to thinking: if we were senators, what are the questions we would have asked, and what would our opening and closing statements have looked like? One anonymous on-island professional offered his view of Puerto Rico’s fiscal challenges after watching the hearing.

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