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How Hedge Funds Hurt Puerto Rico

In the wake of Hurricane Maria's devastation, hedge funds holding Puerto Rico debt are fighting with the government — and each other — to get paid. But hedge funds may have themselves to blame for the mess they’re in.

      Photograph by Justin Metz. Outside of Spring Studios, an event space at 50 Varick St. in downtown Manhattan, a small group of protesters held up a handmade Puerto Rican flag sign, then began to chant. “Cancel the debt . . . shame, shame, shame,” they called out to Baupost Group CEO

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