Vulture Funds
Understanding Argentina’s Surrender
On March 31, with the support of the Peronists, the Argentinean Senate voted in favor of passing the “Public Debt Normalization and Access to Public Credit” bill to authorize the government to pay the holdouts.
Esteban Mercatante
April 12, 2016
Kirchnerists Vote for Argentina’s Surrender to Vulture Funds
Macri's conservative government won a crucial vote in the Senate to lock Argentina into paying billions to the “vulture funds” – predatory hedge funds that acquire public debt through defaulting nations for a fraction of the true value and engaging in legal action to enforce full payment.
Fernando Scolnik
April 8, 2016