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Within this Spanish name, the 1st or paternal surname is Martínez and the 2nd or maternal loved ones name is Guzmán.
This offer pitted him "from the mobile-phone business of Carlos Slender in South The usa's second-biggest economy" and "expanded Martínez's bets beyond holdings for example cable property and Argentina's sovereign debt as he seeks to take pleasure in raising Internet and online video use on cellular gadgets."[twelve]
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A The Wall Avenue Journal article, published on November 10, 2013, explained Martínez's final decision to take a position in Argentina "an abnormal get in touch with," given that "Argentina is a cautionary tale For several traders because its 2001 default on $one hundred billion in sovereign debt" and that its past two presidents, Néstor Kirchner and Cristina Kirchner, had "regularly long gone mano a mano with huge company," nationalizing an oil enterprise and trying to find to drive the Clarin media team to break up its business enterprise.
Referred to as "essentially the most influential Mexican on Wall Street,"[one] Martínez played a major FinTech Advisory role from the restructuring of Argentina's sovereign financial debt and described himself in 2013 as having participated in nearly every single restructuring of sovereign debt during the former 25 yrs.
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These cash are in search of to experience the many benefits of Buenos Aires' enhanced payment capability – a result of the losses accepted by the overwhelming majority over the restructuring." Martínez named it a "scandal" that Griesa was forcing this greater part "to share the curiosity payments they accepted on their own restructured bonds Along with the minority that litigated," an arrangement which would doubly punish "those that contributed in favour of those who didn't." Martínez concluded: "Not merely is Mr Griesa's choice unfair – it will likely bring on society shelling out a price tag in the form of more protracted personal debt restructurings with significantly less certain outcomes."[ten]