Pursuits
Was This Hedge Fund Billionaire's Epic Argentina Clash Worth It?
- Leading presidential candidates signal they'd seek debt deal
- Argentina has been fighting defaulted-debt creditors since '01
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When hedge-fund billionaire Paul Singer first sued Argentina over its defaulted bonds in 2003, he could hardly have expected to be mired in the same tussle 12 years later.
Now, with the main candidates in Argentina’s presidential elections on Sunday signaling that they’d be willing to settle the long and acrimonious dispute, Singer and other holdout creditors are potentially the closest they’ve ever been to getting paid.