I can’t think of anything worse myself:
In fact, Centerbridge has been one of the most aggressive hedge funds, known as “vulture funds” on the island, amassing sovereign debt for pennies on the dollar and squeezing the island’s government for full repayment. Centerbridge was one of several firms that long concealed its Puerto Rican debt holdings through shell companies. It sat on the steering committee of a coalition of bondholders known as the Ad Hoc group, which fought relentlessly in court for full repayment on $4.5 billion in constitutionally guaranteed general obligation bonds.
Centerbridge there was asking that government keep its word. Even, going to court to try to insist that government be held to the contract that government had signed.
I mean, I ask you, whatever next? Government should do what government said it would do? Isn’t that fascism?