financial crisis financial crisis

PREPA's Central Palo Seco power station in San Juan, Puerto Rico. The utility's bondholders want to raise rates. That's a challenge when the median income is about half that of Mississippi, yet the U.S. territory's energy costs are among the highest in the nation. Alvin Baez-Hernandez/Reuters/Landov hide caption

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Alvin Baez-Hernandez/Reuters/Landov

Power Problems: Puerto Rico's Electric Utility Faces Crippling Debt

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Protesters gather April 30 outside Puerto Rico's Capitol building in San Juan to oppose Gov. Alejandro Garcia Padilla's budget proposal. The plan would raise taxes to help cover the state's massive debt. Ricardo Arduengo/AP hide caption

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Ricardo Arduengo/AP

In Puerto Rico's Debt Crisis, There Are No Easy Solutions

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The Citigroup Center is viewed in midtown Manhattan. Critics say the U.S. settlement with the banking giant will do nothing for those hurt most by the foreclosure crisis: people who lost their homes. Timothy A. Clary/AFP/Getty Images hide caption

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Timothy A. Clary/AFP/Getty Images

President Obama with Paul Volcker at the White House in 2009. Volcker, who headed the President's Economic Recovery Advisory Board, lent his name to a new rule aimed at curbing risk-taking on Wall Street. Brendan Smialowski/Getty Images hide caption

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Brendan Smialowski/Getty Images

From 'Morning Edition': NPR's Jim Zarroli reports

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