Debt
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Cross-posted with Public Diplomacy Musings The mysterious death of an Argentine prosecutor named Alberto Nisman has roiled the South American nation since January. Initial reports indicated Nisman had committed suicide, but in the past several months, a panoply of theories about the “real” story behind Nisman’s death have been explored by various segments of Argentine society. Less than a week before Nisman died in
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I made a tweet the other day that my good friends at Fact Check Argentina happened to pick up. hahahahaha http://t.co/odwHUkOq4x ahahahahaha pic.twitter.com/3bE3zTFgo6 — Mike LaSusa (@mikelasusa) November 25, 2014 I thought this was pretty funny, seeing as I wrote a piece about ATFA that was pretty harshly critical of their attempts to, in the words
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In 2001, Argentina defaulted on its national debt. More than 90% of lenders subsequently agreed to restructuring deals that allowed the country to exchange new bonds for the defaulted ones at a significant loss for the creditors. However, some investment firms labelled “vulture funds” by their critics – most of which are based in the Cayman Islands – bought up Argentine bonds
Mike LaSusa 