I kept waiting for the call, but someone must have told them my expertise was rural libraries in Burkina Faso, not really the skill-set needed?
The White House said it had chosen seven experts in finance and the law to supervise Puerto Rico’s fiscal affairs in the coming months under a law enacted this summer intended to help the island restructure its $72 billion debt. Four of the supervisory board members are Republicans and three are Democrats, chosen from lists provided to the White House by the party leaders of both houses of Congress. And four of the members are Puerto Ricans, which is three more than required under the new debt-restructuring law. The Republicans named to the board are:
Andrew G. Biggs, a resident scholar at the American Enterprise Institute. José B. Carrión III, president of Hub International, an insurance brokerage in Puerto Rico. Carlos M. García, founder and chief executive of BayBoston Managers, a private equity firm. David A. Skeel Jr., a University of Pennsylvania law professor with expertise in bankruptcy. The Democrats are: Arthur J. Gonzalez, a senior fellow at the New York University School of Law and a former chief judge of the United States Bankruptcy Court for the Southern District of New York. José Ramon González, president and chief executive of the Federal Home Loan Bank of New York. Ana J. Matosantos, president of Matosantos Consulting and a former director of the California Department of Finance.
In addition, the governor of Puerto Rico, Alejandro García Padilla, will hold a position on the board. He is not seeking a second term as governor, so whoever is elected to succeed him in November will take his seat on the board.
Source: Puerto Rico’s Fiscal Affairs Will Be Overseen by 7 Experts in Finance and Law – The New York Times