Problems with internal reviews of data related to its allowance for loan and lease losses and the related provision for loan and lease losses will prevent Doral Financial Corp. to file its 2013 annual report ...
Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
Puerto Rico’s government agencies, certain corporations and other entities are dragging a combined $39 billion net asset deficit, which represents an increase of approximately $5.3 billion when compared to the fiscal year ended June 30, ...