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@cate_long "@legsluquis @FOMBPR By my reading of Promesa the OBoard has no authority over the govt cancelling a contract. They do have authority to approve a new operator coming in. Hopefully its the Tennesse Valley Authority or someone else President Trump brings in"
@cate_long on X 2025-07-22 22:06:15 UTC 26.1K followers, XX engagements

"Prepa #muniland The important thing is for Puerto Rico to understand the deceptions we've suffered. PR was told 'we must privatize the energy system & it will be better' but it wasn't true. We were told it would be less expensive it wasn't true & they were told it would prevent a monopoly but we have is a monopoly of private companies.""
@cate_long on X 2025-07-18 18:01:52 UTC 26.1K followers, 2429 engagements

"@EliStokols @iriesentner That WSJ story was embarassing"
@cate_long on X 2025-07-21 19:08:13 UTC 26.1K followers, 1240 engagements

"The confrontation between New Fortress Energy the Puerto Rico Energy Bureau & Prepa is escalating (@Jenniffer appears to be aligning with $NFE for some reason). It's about time for the White House & @SecretaryWright to get involved. A++ report by @OscarJSerrano2 #muniland"
@cate_long on X 2025-07-17 11:11:23 UTC 26.1K followers, 3820 engagements

""AstraZeneca is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters in Cambridge UK." I guess they heard about President Trump imposing tariffs on pharmaceuticals & decided to move production to America"
@cate_long on X 2025-07-21 21:34:26 UTC 26.1K followers, 1133 engagements

"In a July XX filing on MSRB's public document repository the Puerto Rico govt disclosed they have breached reporting agreements they made w/ bondholders when they restructured their central govt debt. This is because Prepa's last filed financials are from FY2022 #muniland As far as I can determine there are zero public disclosures of audited or unaudited Prepa financials past FY22. The objecting Prepa bondholder administrative expense motion filed April X 2025 (right below) incorporates monthly trustee reports including FY23. Delaying and hiding financials is the same playbook as the OBoard"
@cate_long on X 2025-07-21 19:55:37 UTC 26.1K followers, 1497 engagements

"Puerto Rico govt announces first formal step toward canceling LUMA Energy $PWR contract. They denounce the energy consortium's failure to secure reimbursement of federal funds available for the reconstruction of the electrical system. #muniland"
@cate_long on X 2025-07-22 16:11:08 UTC 26.1K followers, 2567 engagements

"US-Japan trade deal averts worst for global economy ++ Stocks rally driven by auto makers ++ China EU face looming deadlines ++ Trade deal not seen adding to inflation"
@cate_long on X 2025-07-23 12:34:18 UTC 26.1K followers, XXX engagements

""The letter also challenges LUMA's request to the Puerto Rico Energy Bureau to impose a provisional XXXXX% monthly rate increase alleging that the company is seeking to have consumers prepay for capital improvements already covered by federal funds." #muniland Prepa will likely become the greatest privatization debacle in US history"
@cate_long on X 2025-07-22 19:46:29 UTC 26.1K followers, 2953 engagements

"Thanks to the antics of New Fortress Energy who is responsible for generating electricity for the Puerto Rico electric utility some customers are starting to endure blackouts for another night due to insufficient generation #muniland $NFE"
@cate_long on X 2025-07-16 00:17:24 UTC 26.1K followers, 4040 engagements

"Puerto Rico OBoard approves contract for New Fortress Energy $NFE to provide $9792800 worth of LNG to Palo Seco and San Juan Temporary Generation Facilities. #muniland"
@cate_long on X 2025-07-17 19:38:27 UTC 26.1K followers, 2719 engagements

"@OilHeadlineNews Do they have a gambling license"
@cate_long on X 2025-07-21 19:26:29 UTC 26.1K followers, XX engagements

"@CypherdC Since you have direct knowledge of the management of those companies that is interesting color. It's always helpful to have someone who has a direct line to market players"
@cate_long on X 2025-07-15 14:18:43 UTC 26.1K followers, XXX engagements

"Well Todd having been one of the lead advocates for reform of credit rating agencies in Congress in 2005/6 (Credit Rating Agency Reform Act of 2006) and post GFC (Title lX of Dodd Frank) I can assure you that ratings are much more accurate now than in Enron/Worldcom & GFC periods. If you're stuck in the performance XX years ago I cant help you"
@cate_long on X 2025-07-07 16:32:41 UTC 26.1K followers, XX engagements

"Former federal prosecutor who oversaw the New Fortress Energy fuel contract says the 2018 contract giving $NFE exclusive access to the San Juan fuel dock should be cancelled. PR OBoard demands that $NFE give them a plan for diesel fuel purchase by tomorrow #muniland"
@cate_long on X 2025-07-21 16:45:16 UTC 26.1K followers, 4551 engagements

"MSRB sheds light on extraordinary #muniland market activity during the 2nd quarter. Key developments:"
@cate_long on X 2025-07-08 23:11:13 UTC 26.1K followers, XXX engagements

"Puerto Rico Public Private Partnerships Authority sends XX page letter to Prepa operator Luma detailing their failures to meet contractual requirements & notices $PWR they are entering the dispute resolution process (required before ending contract) #muniland ($NFE next)"
@cate_long on X 2025-07-22 15:56:49 UTC 26.1K followers, XXX engagements

"@PiQSuite Thanks. Boeing up in pre-market"
@cate_long on X 2025-07-23 12:38:09 UTC 26.1K followers, XX engagements

"Is this why Chairman Powell won't cut rates"
@cate_long on X 2025-07-21 10:27:21 UTC 26.1K followers, 1522 engagements

"Laura Loomer has a direct line to President Trump and she hit the nail on the head about the Puerto Rico OBoard. They have vastly overspent what Congress projected they would cost (5x the amount) & rationalize that by trumpeting how hard they whacked bondholders #muniland. Meanwhile PR has piled up $XX billion in cash (much of that is money that should have been paid as debt service) the OBoard projects PR's economy will collapse over the next XX years pension liabilities have drastically increased & GAO says they pose a risk to fiscal stability the island remains years behind on audited"
@cate_long on X 2025-07-18 15:40:13 UTC 26.1K followers, 9182 engagements

"House @NatResources hearing on Promesa and Puerto Rico begins. Non subcommittee members including @AOC are attending by resolution #muniland"
@cate_long on X 2025-07-16 14:04:22 UTC 26.1K followers, XXX engagements

".@SPGlobal joins Moodys & Fitch in downgrading New Fortress Energy to CCC (lowest rating) & projects recovery levels for the debt stack post default #muniland. $NFE's most secure debt is projected to recover XX% of its value & subordinated levels of debt recover 25%"
@cate_long on X 2025-07-15 11:06:01 UTC 26.1K followers, 2702 engagements

"The little penny stock I bought because it is in the Oklahoma town my parents grew up in. $SDST popped after they praised a deal between the Department of Defense and MP Materials. Is the market really rational"
@cate_long on X 2025-07-14 15:39:42 UTC 26.1K followers, 1588 engagements

"@barricada_azul1 Actually that is false. Here is S&P RAtings showing strongest to weakest North American utilities (requires free registration). Less than XX% are rated below investment grade"
@cate_long on X 2025-07-22 11:53:44 UTC 26.1K followers, XX engagements