{"id":42774,"date":"2014-06-27T07:07:30","date_gmt":"2014-06-27T11:07:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42774"},"modified":"2014-06-27T07:07:30","modified_gmt":"2014-06-27T11:07:30","slug":"argentina-to-pay-vulture-fund-832-million-for-bonds-bought-for-49-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/argentina-to-pay-vulture-fund-832-million-for-bonds-bought-for-49-million.html","title":{"rendered":"Argentina to Pay \u201cVulture\u201d Fund $832 Million for Bonds Bought for $49 Million"},"content":{"rendered":"<p>Global Research &#8211; Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country.<\/p>\n<p>After Argentina\u2019s economy crashed in 2001 and it defaulted on $80 billion in bonds, Singer\u2019s Elliott Capital Management paid $49 million to buy $220 million in Argentine debt. Over the last 13 years, the value of these bonds has risen to $832 million which Singer wants paid off in full. Singer has been joined by several other Wall Street speculators such as Aurelius Capital Management and Blue Angel who together hold a total of $1.3 billion in Argentine debt.<\/p>\n<p><a href=\"http:\/\/www.globalresearch.ca\/wall-street-hedge-fund-fraud-upheld-by-us-court-argentina-to-pay-vulture-fund-832-million-for-bonds-bought-for-49-million\/5388696\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Research &#8211; Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country. After Argentina\u2019s economy crashed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42774","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=42774"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42774\/revisions"}],"predecessor-version":[{"id":42775,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42774\/revisions\/42775"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}