Wednesday, May 15, 2013

Argentina’s Deadbeat Special: Buy a 4% Bond or Go to Jail

Argentina’s Deadbeat Special: Buy a 4% Bond or Go to Jail - Bloomberg:
"President Cristina Fernandez de Kirchner wants tax evaders hiding about $160 billion in dollars to help finance Argentina’s oil-producing ambitions.
Her offer: Buy a 4 percent bond or face the prospect of jail time."

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