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Latino USA

La Brega: The Bankruptcy Letters

Latino USA

My Cultura, Futuro and iHeartPodcasts

Society & Culture

4.93.7K Ratings

🗓️ 2 April 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

Luis J. Valentín Ortiz from the Centro de Periodismo Investigativo tells a hidden story from Puerto Rico’s debt crisis, that of the micro-creditors — thousands of low-income retirees and former public employees with claims that the government may never pay, ranging from hundreds to thousands of dollars. As a federal judge prepares to make a decision on whether they’ll get paid, this episode asks: how can the government settle its many debts — not just monetary — with its citizens?

Transcript

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0:00.0

I'm Maria Inojosa, and I am Penileira Mides.

0:03.0

And on this new series, we're going to get to know the most powerful Mexican government

0:08.6

official ever to face trial in the US for his alleged ties to the infamous drug lord, El

0:15.4

Chappo.

0:16.4

But this is not your regular narco story.

0:19.3

It's like true crime, myths, telenovela.

0:22.6

This is our new series, USA versus García Luna.

0:27.1

Find it wherever you get your podcasts and at futuroinvestigates.org.

0:34.1

Tear listener, this month we're bringing you episodes of La Brega, a special seven-part

0:45.8

mini series presented by Futuro Studios and WNYC Studios, all about the Puerto Rican

0:52.4

experience.

0:53.4

Today's episode, the bankruptcy letters.

0:58.2

And if you'd like to hear any of the episodes in español, visit the La Brega feed wherever

1:04.4

you listen to podcasts.

1:06.8

Now I'm going to hand it off to WNYC's Alana Casa Nova Burgess, the host of La Brega.

1:13.8

This is a call I had with Luis Valentín, a reporter from the Center for Investigative

1:30.4

Journalism.

1:31.5

They partnered with us for this episode.

1:40.9

For the past five years, he has been covering Puerto Rico's fiscal crisis and bankruptcy

1:45.6

proceedings.

1:47.3

One of the ways Luis keeps up with this complicated case is by getting an email digest from the

1:55.4

docket.

...

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