THE DE­FAULT OF AR­GENTINA

Finweek English Edition - - INSIGHT -

When the South Amer­i­can coun­try de­faulted on its debt for the sec­ond time in 13 years due to missed bond pay­ments on 30 June, the fi­nan­cial world was shocked. The fight over debt re­struc­tur­ing started 18 years ago with a then ob­scure hedge fund. takes a look at who’s to blame for Ar­gentina’s cur­rent sit­u­a­tion through the likes of Paul Singer and his now in­fa­mous hedge fund, El­liott As­so­ciates (Cap­i­tal).

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