Puerto Rico bondholders should only expect to recover 10 to 20 cents on the dollar when the island emerges from its record-setting bankruptcy, in line with recoveries seen when sovereign nations default, according to Kyle Bass, managing partner of Hayman Capital Management.
"It's been very consistent", she said.
"We're never going to say in advance what the president's going to do", Sanders continued.
As the crowd cheered, Trump happily proclaimed, "And we also love Puerto Rico", in his normal voice. "You'll find out", he said. Is it us just falling for Donald Trump's flair for the dramatic?
Trump, on many occasions, has shown his knowledge and love for the diverse communities in America.
The African-American abolitionist died over a century ago.
The president does not have statutory authority to void any of Puerto Rico's debt, which led some optimistic distressed debt investors to interpret Trump's remarks to mean a bailout may be in the works. Instead, our president is preoccupied in attacking football players exercising their right to free speech, kneeling during the national anthem as a protest against the country's systemic and continuing racism, another issue about which Trump has little if any interest.
The senator also expressed his hopes that Tillerson, Mattis and Kelly would keep their positions, as reports have suggested that Trump's advisers and allies have called on him to replace Tillerson with CIA Director Mike Pompeo.
Trump "wants to look for a broad strategy that addresses all of those problems, not just one-offing those", she said.