Getting your player ready...
Puerto Rico is more broke than Detroit
Puerto Rico may be an island paradise, but it's having Detroit-style financial problems. Here's what's going on:People enjoy a sunny day at the Isla Verde Beach, in Carolina, Puerto Rico. (Ricardo Arduengo/AP)Puerto Rico's debt has been downgraded to junk status by all three major credit ratings agencies, and the timing couldn't be worse. Puerto Rico's recession never ended, and it's looking to borrow more money. But lenders are getting harder to find, and investors are betting Puerto Rico has a …
