Tag Archives: GDB

ROUNDUP: Gustavo Velez & Gil Hall Discuss Recent News & Events in Puerto Rico

by Gil Hall, gil@prnewsroundup.com Posted: 20160405 17012 Please note: this week’s roundup show was recorded on Saturday, the 3rd of April 2016, prior to Senate Bill 1591’s being introduced on 4th of April.  In this week’s round-up show, Gustavo Velez and Gil Hall discuss and analyze events from Puerto Rico. Topics include: Government Development Bank recent extraordinary measures taken by the Puerto …

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Roundup: John Mudd & Gil Hall Discuss Recent News & Events in Puerto Rico

In this week’s round-up show, John Mudd and Gil Hall  discuss and analyze events from Puerto Rico. Topics include: Political pressure being applied to wide range of people, journalists included. Discussion of governmental “puestos de confianza”, which are political appointments made by governor that change with every administration. There are at least 9,000 jobs directly affected. SCOTUS to hear PR’s …

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PR Draft Financials Released Following PR Senate Hearing

by: gil@prnewsroundup.com Following the intense and somewhat antagonistic questioning of witnesses in the Walmart v. Puerto Rico case in federal court two weeks ago, the Senate of Puerto Rico held a hearing Tuesday to obtain information about the delay of Commonwealth’s 2014 financial statements. Puerto Rico’s creditors and members of the US Congress have been waiting for the Commonwealth to …

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Historian Discusses the History—and Future—of the PR Government Development Bank

Today @cate_long and @gillamhall interview one of Puerto Rico’s most critical historians, José L. Bolívar, who has written six books on the Commonwealth. José wrote his PhD dissertation on the history of the Government Development Bank (GDB) at the University of Puerto Rico. Today the GDB serves as the fiscal agent and financial advisor to the government of the Commonwealth …

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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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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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