The Mexican media refer to Martínez for a "ghost Trader."[seven] One source calls him "a discreet person" who Even with his significant investments stays commonly "unidentified." Reportedly, only one photograph of him are available on-line, which was taken by Kirchner's photographer, Bugge Victor, the Formal photographer for Argentina presidency, at Argentina's consulate in The big apple.
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The Moments traced the Tale to 2009, when Martínez loaned Vitro $75 million in exchange for the title to a number of of its Attributes and an option to return them to Vitro later in exchange for your 24 p.c stake during the company. In 2010, Martínez "went to the several banking companies that Vitro owed funds to and acquired the promises," thus getting to be the business's "largest particular person exterior creditor, proudly owning about $600 million worthy of of promises.
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A The Wall Avenue Journal report, revealed on November ten, 2013, described Martínez's decision to speculate in Argentina "an strange phone," on condition that "Argentina has actually been a cautionary tale For lots of traders due to the fact its 2001 default on $a hundred billion in sovereign credit card debt" Which its previous two presidents, Néstor Kirchner and Cristina Kirchner, experienced "regularly gone mano a mano with major small business," nationalizing an oil corporation and searching for to drive the Clarin media team to break up its company.
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