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  "documentTitle": "Assured Guaranty (AGO)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2018-04-23 00:00:00",
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  "notes": "The chart uses a dual-axis combination of bar (GNP and Debt) and line (Debt/GNP ratio) to illustrate fiscal deterioration.",
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      "text": "And this doesn't include another $52 billion of unfunded pension liability, which puts the total liabilities to GNP ratio at a stunning 180%.",
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      "text": "Because Puerto Rico bonds are triple tax exempt in every State, they have been attractive to investors and allowed the island to continue selling debt beyond its means. Puerto Rico's current $74 billion of debt is more than any U.S. state government except California, New York and Massachusetts. By 2014, Debt to GNP passed 105%. And this doesn't include another $52 billion of unfunded pension liability, which puts the total liabilities to GNP ratio at a stunning 180%.",
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      "text": "Source: Commonwealth 2016 Financial Report; Mercatus Center; GDB; S&P",
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      "kind": "title",
      "text": "And the money owing? Oh yes!",
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