Bryan Explains Why His ‘Bond Securitization Corporation’ Failed Within Days of Inception

CHRISTIANTED — The U.S. Virgin Islands has called off efforts to sell its rum-tax collections to bondholders, extending the territory’s decades-long banishment from credit markets. Governor Albert Bryan, Jr. said the territory had suspended a proposal to sell nearly $1 billion in securitization bonds, dashing for now his ambitions to generate … Continue reading Bryan Explains Why His ‘Bond Securitization Corporation’ Failed Within Days of Inception