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His "wholesale" invest in of defaulted Argentinian bonds was thought of an act of "loyalty" to Argentina by Kirchner and others. Throughout Argentina's worst economic occasions, he bought into "almost all" of the state's large corporations, "from Telecom to Transener."[eight]
In response, American Trader Paul Singer's organization, Elliott Associates, together with other hedge cash, which jointly owned about $seven hundred million of Vitro's previous debt, claimed that Martínez experienced aided Vitro "muscle investors away from numerous an incredible number of dollars through financial sleight of hand," and accused Vitro of "audacity, brazen manipulation and greed.