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"Fintech was on the list of key participants during the exchange of 2005," wrote William Dahill, an attorney for Martínez. "He realized that the only real way" that Argentina could Recuperate from its financial crisis "might be by means of a discount of its liabilities, which would enable the economic climate to mature as well as the state regain a minimum amount amount of creditworthiness.
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Martínez has long been called being "closely connected" to your late Argentinian president Néstor Kirchner[one] and as owning been a "Pal" of Kirchner's. In line with one source, "Each time the former president traveled to The usa, he manufactured an area in his schedule" for a gathering with Martínez.
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In response, American Trader Paul Singer's business, Elliott Associates, as well as other hedge funds, which together owned about $seven-hundred million of Vitro's aged credit card debt, claimed that Martínez experienced assisted Vitro "muscle buyers outside of many hundreds of many bucks by way of financial sleight of hand," and accused Vitro of "audacity, brazen manipulation and greed.