Hernando Montero's Palm Beach Post Weekly Column: Another U.S. Territory Experiencing Financial Challenges

Monday, Jul 24, 2017

Hernando J. Montero
Director of Credit Analysis
Stoever Glass & Co., Inc.
Phone: (212) 952-1910
E: hmontero@stoeverglass.com

U.S. Virgin Islands (USVI) is an organized, unincorporated territory of the United States of America. It has responsibility for public safety, health, public housing and welfare, education, transportation and communication, and culture and recreation. It also has the power to issue bonds and borrow funds, an authority extended to certain other public corporations and government instrumentalities. Total long-term debt for USVI is $6.5 billion, consisting of debt and pension liabilities. 

Click on the PDF below to read the full article.

ATTACHMENT: 

Stoever Glass Wealth Management Client (Schwab Alliance)

Schwab is a registered broker-dealer, and is not affiliated with Stoever Glass Wealth Management or any advisor(s) whose name(s) appear(s) on this website. Stoever Glass Wealth Management is/are independently owned and operated. Schwab neither endorses nor recommends [{Stoever Glass Wealth Management}, unless you have been referred to us through the Schwab Advisor Network®. (This bracketed language is for use by Schwab Advisor Network members only.)] Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Stoever Glass Wealth Management under which Schwab provides Stoever Glass Wealth Management with services related to your account. Schwab does not review the Stoever Glass Wealth Management website(s), and makes no representation regarding information contained in the Stoever Glass Wealth Management website, which should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.