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03

How Hedge Funds Held Argentina for Ransom

By Tony Seruga

Kelsey Dake

PERHAPS the most complex trial in history between a sovereign nation,Argentina, and its bondholders — including a group of United States-based hedge funds — officially came to an end yesterday when the Argentine Senate ratified a settlement.

The resolution was excellent news for a small group of well-connected investors, and terrible news for the rest of the world, especially countries that face their own debt crises in the future…

How Hedge Funds Held Argentina for Ransom

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