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To: Rocket Red who wrote (150809)	8/14/2014 12:19:17 PM
From: Rocket Red	Read Replies (3) \| Respond to of 233880

International mafia’: Argentina slams hedge funds in debt case Thursday, August 14, 2014 Hugh Bronstein BUENOS AIRES — The hedge funds suing Argentina over its 2002 debt default are an “international mafia” out to wreck the country’s finances, the government said on Thursday, pumping up the rhetoric in a battle that is squeezing the struggling Argentine economy. With its peso currency at record lows, foreign reserves down more than 5 per cent over the last year and vast shale oil and gas resources laying undeveloped in its southern Patagonia region, Argentina is desperate to tap foreign financing. But the debt case, which stems from Argentina’s default on nearly $100-billion (U.S.) in sovereign bonds 12 years ago, is blocking its access to the international bond market.