PIMCO’s Take On The Puerto Rico’s Debt Crisis

Joe Deane, bond fund PIMCO's head of municipal bond portfolio management, Dave Hammer, municipal portfolio manager, and Sean McCarthy, the head of municipal credit research, sat down last week to discuss the evolving Puerto Rican Debt Crisis.

The first thing the PIMCO execs did in the piece was to toot their own horn a bit. They noted the firm exited Puerto Rico all the way back in 2013 when they saw the handwriting on the wall.

"We have long viewed the challenge facing Puerto Rico (PR)...

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