Maidir Le: The Aftermatch of the Argentinan Crisis and how Argentina came together....
That is how these vulture funds operate. I was on a drive-by observation of one member of just such a hedge-fund the other day- lives in New Jersey and is a governor of his child's school. The little biog he supplied to the school claims he works in 'emerging markets' which nicely conveys the impression he is 'helping' the developing world be more like America.
In fact he is one of these vulture funders who buy up national debt for cents on the dollar and operate a debt shark operation to try to get the full loan back- exactly what this other hedgefund Elliot Capital Management are doing.
Vulture funds were banned from operating in the UK I think a couple of years back off the back of an 'odious debt' campaign which saw these funds actually causing starvation in some small African nations where their Bertie Aherns deliberately ran up debts and stuffed swiss bank accounts and transferred the repayments to the sovereign.
The people who operate in this area should be attacked in the street. And they know exactly what they are doing because they are telling deliberate lies about what they do to their friends and neighbours.
I'm sure that guy I mention's little kid will have been told a nice story about what daddy does for a living so she can tell the class.
Essentially he looks like he works on Wall St but is no better than a sink estate lender on an international scale.
Think National. Act Local. Oh- and superstition is just the dark matter of human history.