Argentina Lands In New York As Hedge Funds Prepare For Battle

As the Argentine government lands in New York City to begin discussions regarding debt repayments to hold out hedge funds, Elliott Management, a leader of the holdouts, launches an attack web site. Argentina’s Axel Kicillof knows there are challenges in front of him As he landed in New York today, Argentine Economy Minister Axel Kicillof knows he has a difficult challenge in front of him.  In 2002 the country faced the reality it borrowed too much money – money that it claims it couldn’t afford to repay then and now.  It defaulted on this debt and now, after losing brutal…