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Vulture Funds Support Marco Rubio’s Presidential Campaign

The Florida Senator is the only Republican presidential candidate that openly opposes Puerto Rico gaining protection under Chapter 9 of the U.S. Bankruptcy Code

5 de noviembre de 2015 - 12:00 AM

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This content was published more than 9 years ago.
According to Hedge Clippers, Andrew Herenstein, the co-founder of the Monarch Alternative Capital hedge fund, helped organize a fundraising event for Rubio and donated $2,700. (AFP)
According to Hedge Clippers, Andrew Herenstein, the co-founder of the Monarch Alternative Capital hedge fund, helped organize a fundraising event for Rubio and donated $2,700. (AFP)

WASHINGTON - Among the Republican presidential candidates who have received electoral donations from top executives of hedge funds, Senator Marco Rubio (Florida) is the only candidate that has publicly rejected the proposal to allow the government of Puerto Rico to restructure, at least in part, its public debt under Chapter 9 of the U.S. Bankruptcy Code.

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