Insight - Bankruptcy woe ends for Puerto Rico, but not Wall Street


Welcome respite: A Puerto Rican flag flies on an empty beach at Ocean Park in San Juan. The country’s nearly five-year bankruptcy battle was resolved last week. — AP

THE Puerto Rico bankruptcy isn’t over for Wall Street.

The commonwealth is poised to exit its Title III debt restructuring, after Judge Laura Taylor Swain approved the debt-reduction plan of the island’s oversight board this week. And now for the unfinished business.

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