Hedge fund manager Mohnish Prabai, who last year established an investment firm in Old San Juan, said Thursday Puerto Rico will find a “huge competitive advantage” in having the necessary legal tools to be able to restructure public debt.
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QUOTE OF THE WEEK:
“Thrift is definitely trending as a sector. We’re grateful for that because we use the proceeds from the goods sold in our stores to invest in programs that help people and communities.
Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”
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