you must be ram. m laura sullivan, nice to meet you. >> nice to meet you. >> sullivan: pilar, nice toeet y for more than 30 years, ram lamba and his wife, pilar, werei univer professors. they'd regularly saved money for retirement, and in 2004, ram was offerean investment opportunity with u.b.s. oh, how beautiful. >> i met this young fellow at u.b.s., who said, "listen, whyth don't you put money in the puerto rican bonds? thesbonds are protected by t constitution of puerto rico." i said, "my god, whaelse can i ask for, you know?" >> sullivan: and the clouds roll in... after a number of years, he moved alhis retirement savings to u.b.s., more than $350,000. and then in 2011, his broker made him an offer. he said, "i can give yo a collateral loan for a million dolls." >> sullivan: he said, "i'm going to give you a million-dollar loan"? a >>oan, and, "you invest that money in more bos, puerto rican bonds, and then..." >> to buy more bonds. >> buy more. >> sullivan: and buy more bond >> that's right, and i said, "i don't think i can handle that. let's go to half a m." >> sullivan: what we

>> narrator: tonight, seven months after hurricane maria hit puerto rico, "frtline" and npr's laura sullivan investigate the story of two storms. >> is this really the best that f.e.m.a. can do? narrator: one decimated the island... >> if there's a villain here, it's the 190 mile an hour winds and the 50 inches of rain. >> narrator: ...the othe i devastated economy. >> the government of puerto ricu waas a big ponzi scheme. >> now puerto rico owes more than $70 billion. >> who gets left paying the bill? >> the banks get out and everybody else gets stuck with the bill. >> narrator: tonight, on "frontline"... >> is seven months for power threstoration the best tha corps can do? >> with the challenges we had, i think it was the best the corps could do. >> narrator: "blackout in puerto rico". >> frontline is made possible by contributions to your pbs station from viewers like you. thank you. anby the corporation for public broadcasting. major support is provided by the john d. and catherine t. macarthur foundation, ted to building a more just, verdant and peacefulorld. more information is availab

laura linney sasheer zamayta. and special appearance by lin-manuel miranda. featuring jon batiste and stay human. and now, live on tape from the ed sullivan theater in new york city, it's stephen colbert! ( cheers and applause ) >> stephen: hey, everybody! thank you very much. thank you, gentlemen. beautiful! beautiful! hello, jon! how are you? come on. happy friday. hey, everybody, welcome to "the late show." >> audience: stephen! stephen! stephen! stephen! >> stephen: yeah, thereto ride, baby, let it ride. ( cheers and applause ) all right! yeah! welcome, everybody. please have a seat. very kind! thank you very much. welcome, ladies and gentlemen, welcome one and all to "the late show." i'm your host, stephen colbert. well, folks -- ( cheers ) i got the same feeling. i got the same feeling because it's friday, you know. ( cheers ) that is a good feeling. i'm ready for a cocktail. just let the sweet darkness cover me because yesterday-- it was yesterday-- yesterday was the court-ordered deadline for the immigrant families that were separated by ice, and the administration says they made it... give or take about 1,000 kids. and it was rep