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How Hedge Funds Hurt Puerto Rico [Premium]
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.
![How Hedge Funds Hurt Puerto Rico [Premium]](https://www.institutionalinvestor.com/Media/images/institutional-investor-alpha/Import/1077/98592/2017-11-Alpha-Michelle-Celarier-Puerto-Rico-cover-main.jpg)
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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