major banking investor and loan operator in puerto rico including interest in the puerto rican electric power authority known as prefer now is deep and delinquent in loan repayments that will be auctioned off while sin. he is being paid to ensure the energy goes to the highest private bit or the circumstances have raised issues about which banks are involved in puerto rico and what real role they are playing now here discuss we're joined by kate long the founder of the puerto rico clearing house kate thank you so much for joining us put this into perspective for us first of all the overall puerto rican debt and then let's talk specifically about prepaid please share puerto rico has issued basically since the one nine hundred fifty s. and when they started to fall tienen twenty fifteen they had about seventy two billion dollars of debt outstanding. that includes seventeen classes of debt for the central government and for the utilities it's the largest municipal bankruptcy probably in the history of the united states and no state level entity has to fall today and since one thousand thirty's when arkans

major banking investor and lone operator in puerto rico including interest in the puerto rican electric power authority known as prefer now is deep and delinquent in loan repayments that will be auctioned off while city is being paid to ensure the energy goes to the highest private bitter the circumstances have raised issues about which banks are involved in puerto rico and what real role they are playing now here's discuss we're joined by kate long the founder of the puerto rico clearing house kate thank you so much for joining us put this into perspective for us first of all the overall puerto rican debt and then let's talk specifically about prepaid please. sure puerto rico has issued basically since the one nine hundred fifty s. and when they started to fall tina twenty fifteen they had about seventy two billion dollars of debt outstanding. that includes seventeen classes of debt for the central government and for the utilities it's the largest municipal bankruptcy probably in the history of the united states and no state level entity has to fall today since in one nine hundred thirty s. when arkan

puerto rico. >> we met the colonel in the capital of san juan. leading the u.s. army corps of engineers helping the puerto rican power authority restore electricity. >> you are herethe request of fema, operating under the authority of the stafford act. what does the stafford act prevent you from doing? >> the stafford act is for emergency response. >> you can't do what? >> aluminum transmission towers. i cannot put galvanized steel. >> under the act you can repair and replace, but you can't upgrade. >> that's almost, always the case. >> the next day we traveled to the region where the hurricane made landfall with 155 mile per hour winds. more than half of the 38,000 people who live here, still do not have electricity. and desperation has a hold on them. >> the mayor told us a few days ago. a local man took his life. a man in his 60s. he lived at the blue house here. apparently the same day he was found hanging from a tree. the same day. power was restored to his house. >> a suicide prevention hot line center near san juan, reports that the number of suf side related calls to the hot line more than doubled from august to january. from the region we headed west to