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>He made a fortune in distressed sovereign debt, purchasing bonds from countries that appeared to be in financial trouble, watching as they defaulted, then suing in court for full repayment.

Amazing. I want to bet in shit games like roulette, inevitably lose my money, then sue the casino and get it back.

Fucking parasites. A we know the only way to deal with these people. It's clear that "peaceful protests" can simply be ignored.

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A peaceful protest that is non-cooperative in nature will eventually be noticed. If they leave when the authorities tell them to leave (Occupy Wall Street) then yes you are correct.

Is any blame to be assigned to PR for issuing bonds and then not honoring them?

The problem lies in the fact that Puerto Rico (unlike States and other municipalities in the United States) is unable to declare bankruptcy due to being a commonwealth.

If they could then these financial institutions would be unable to raid the island's coffers.

US states can't declare bankruptcy which seems the closest analog to what PR is

However aren’t US states also obliged to run a balanced budget?

Okay, so PR isn't obliged to run a balanced budget, and they sold bonds that were beyond their ability to repay, and so the people asking for the bonds to be repaid are the bad guys here?

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