
“Felix Trinidad, the former boxing great who held on to the welterweight championship for nearly seven years and is considered a godlike figure in his native Puerto Rico, finds himself broke after investing in Puerto Rico government bonds — investments he claims were made without his knowledge by a close friend who Trinidad hired to be his top financial advisor. When Felix ‘Tito’ Trinidad was active in the ring, where he earned an estimated $90 million in his 15-year, 45-fight career, the Puerto Rico bond market was booming, a reflection of the island’s thriving economy throughout the 1990s and 2000s. But the free-standing United States territory piled up huge amounts of debt.”
(Visited 28 times, 1 visits today)
Related posts:
Obama's Speech Against The Iraq War [2009]
Why Are People So Excited About A Bitcoin ATM?
British inventor of the World Wide Web scolds ‘insidious’ Western governments over spying
House protects surveillance program before passing military spending bill
Extraordinary rendition report claims 54 countries ‘offered covert support’ of CIA torture operation
Spain Recoils as Its Hungry Forage Trash Bins for a Next Meal
Fed ends 'too big to fail' lending to collapsing banks, with caveats
Twin gets life for killing man to steal his Magic cards worth $100K
President Obama: 'I Have Not Made a Decision' on Syria
Kerry's cosy dinner with Syria's 'Hitler' at Damascus restaurant
California Family Stumped by Fired Live-In Nanny Who Won't Leave
Bitcoin Tops $1,000 Again as Zynga Accepts Virtual Money
Lessons From the World's Most Ruthless Competitor
Weather seems to blame for U.S. slowdown, Fed's Yellen says
Richard Branson: Virgin Galactic to accept bitcoin