Tuesday, April 24, 2012

The MJR Report: FAMILIA DE CARRION SE REPARTE PRESTAMOS INCOBRABLES EN POPULAR.INC

FAMILIA DE CARRION SE REPARTE PRESTAMOS INCOBRABLES EN POPULAR.INC:
Chairman and Chief Executive Officer Richard Carrion’s sister and two of his nephews, one of whom is also a Popular director, have delinquent property loans to the San Juan-based lender, according to a regulatory filing. The bank has also restructured the loans of another director, the board’s head of corporate governance, and classifies his debts as “troubled,” the filing shows.