MercoPress – The ATFA includes within its members NML Capital and Elliott Management, part of the so-called ‘vulture funds’. These hold-out investors demand full payment on Argentine titles through the US court system, a move strongly resisted by the Argentine government, that restructured the vast majority of the nation’s external debt through bond swaps held in 2005 and 2010.
The organization drew attention to alleged “recent news regarding Lazaro Báez, a close member and person of trust of Cristina Fernández, who is using the State of Nevada to launder stolen Argentine funds.”