"Fintech was one of several key participants in the Trade of 2005," wrote William Dahill, a lawyer for Martínez. "He realized that the only real way" that Argentina could Get better from its financial crisis "will be via a reduction of its liabilities, which would enable the overall economy to improve along with the region regain a minimum amount standard of creditworthiness.
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A The Wall Road Journal write-up, released on November 10, 2013, explained Martínez's selection to take a position in Argentina "an uncommon get in touch with," given that "Argentina has actually been a cautionary tale For most investors because its 2001 default on $100 billion in sovereign personal debt" Which its final two presidents, Néstor Kirchner and Cristina Kirchner, experienced "consistently long gone mano a mano with huge business," nationalizing an oil corporation and searching for to drive the Clarin media group to break up its business enterprise.
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