Peru ….. A key question regarding a sovereign government’s ability to simply seize land from its citizens and then back off previous agreements to compensate landowners has taken an interesting turn. A well-known Columbia University legal professor is issuing analysis strikingly similar to that of rating agency Eagan Jones over claims of fraud at the highest levels of the Peruvian legal system. Peru finds $3 billion in bond buyers while Columbia University professor questions disclosure This maneuvering comes as Peru appears fully subscribed to its recent bond offering, having sold nearly $3 billion in sovereign debt. The Peruvian debt placement does…
Peru Sells Bonds Amid SEC Disclosure Challenge
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.