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The Mexican media consult with Martínez like a "ghost investor."[7] One resource phone calls him "a discreet male" who Inspite of his significant investments continues to be commonly "mysterious." Reportedly, only one photograph of him can be found on the web, which was taken by Kirchner's photographer, Bugge Victor, the Formal photographer for Argentina presidency, at Argentina's consulate in The big apple.
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The Situations traced the story to 2009, when Martínez loaned Vitro $75 million in exchange for that title to several of its Qualities and an option to return them to Vitro afterwards in Trade for a 24 % stake while in the business. In 2010, Martínez "went to the different banks that Vitro owed funds to and acquired the statements," As a result getting the firm's "most significant specific exterior creditor, possessing about $600 million value of statements.
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On March 11, the Financial Instances ran a reply by Robert Shapiro of American Undertaking Drive Argentina, calling Martínez's report "a disservice into the FT's readers" and indicating that Argentina's actions "pose the actual threat to worldwide finance." Shapiro described that due to the fact Argentina's 2001 debt default, "the regimes of Néstor Kirchner and Christina Kirchner Fernandez have turned down each individual tenet of worldwide finance. They refused to barter with bondholders, took 4 years to concern a 'just take-it-or-depart-it' present of 27 cents over the greenback or hardly half the international norm, repudiated the personal debt of 25 for every cent of bondholders who turned down that very low-ball supply, and disregarded more than 100 directives from US courts to honour their obligations.
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A The Wall Avenue Journal article, revealed on November ten, 2013, described Martínez's determination to speculate in Argentina "an abnormal contact," on condition that "Argentina has actually been a cautionary tale For several traders considering the fact that its 2001 default on $one hundred billion in sovereign credit card debt" Which its past two presidents, Néstor Kirchner and Cristina Kirchner, experienced "repeatedly gone mano a mano with huge organization," nationalizing an oil business and in search of to force the Clarin media team to break up its enterprise.
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Opposition politicians and authorities warned that Martínez's things to do were "oxygenating" the Maduro federal government, and several fulfilled with him within an attempt to dissuade him.[15]
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