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Submission: On May 09 via api from US — Scanned from DE
Submission: On May 09 via api from US — Scanned from DE
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Skip to content Sections SEARCH SUBSCRIBE FOR €0.50/WEEKLog in Tuesday, May 9, 2023 Today’s Paper SUBSCRIBE FOR €0.50/WEEK DealBook|How Argentina Settled a Billion-Dollar Debt Dispute With Hedge Funds https://www.nytimes.com/2016/04/25/business/dealbook/how-argentina-settled-a-billion-dollar-debt-dispute-with-hedge-funds.html * Give this article * * Advertisement Continue reading the main story Supported by Continue reading the main story DealBook<!-- --> Business and Policy HOW ARGENTINA SETTLED A BILLION-DOLLAR DEBT DISPUTE WITH HEDGE FUNDS * Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Give this article * * * Read in app Dan Pollack, the court-appointed mediator for a deal between Argentina and its debt holders, had a rule of no pens and paper during crucial negotiations.Credit...Sasha Maslov for The New York Times By Alexandra Stevenson * April 25, 2016 The Waldorf Astoria hotel in Manhattan has long been a location for secret diplomacy, but few meetings there would have seemed as unlikely as the one that took place one day in early December. In a hotel conference room, a top Argentine politician drank coffee with two hedge fund executives — a meeting that was nothing short of remarkable after more than a decade of bitter legal skirmishes between Argentina and a group of disgruntled debt holders who at one point seized an Argentine Navy ship. The previous Buenos Aires government reviled the hedge funds as “vultures.” Advertisement Continue reading the main story -------------------------------------------------------------------------------- Subscribe to The Times to read as many articles as you like. nytimes.com/subscription SITE INDEX SITE INFORMATION NAVIGATION * © 2023 The New York Times Company * NYTCo * Contact Us * Accessibility * Work with us * Advertise * T Brand Studio * Your Ad Choices * Privacy Policy * Terms of Service * Terms of Sale * Site Map * Canada * International * Help * Subscriptions You’ve reached your limit of free articles. Already a subscriber? Log in. The New York Times: Digital and Home Delivery Subscriptions READER FAVORITE BASIC SUBSCRIPTION Introductory offer: Get unlimited News access for €0.50 a week. €2 €0.50/week Billed as €8 €2 every 4 weeks for the first year. Cancel or pause anytime. Subscribe now -------------------------------------------------------------------------------- Offer Link -------------------------------------------------------------------------------- Offer for a New York Times News subscription; current subscribers not eligible. Subscription excludes print edition. Subscription also excludes digital access to New York Times Games, Cooking, Wirecutter or The Athletic. Your payment method will automatically be charged in advance the introductory rate every 4 weeks for 1 year, and after 1 year the standard rate every 4 weeks. Your subscription will continue until you cancel. Cancellation takes effect at the end of your current billing period. Taxes may apply. Offer terms are subject to change. © 2023 The New York Times Company HelpFeedback Not ready to subscribe? Tell us why -------------------------------------------------------------------------------- Your tracker settings We use cookies and similar methods to recognize visitors and remember their preferences. We also use them to measure ad campaign effectiveness, target ads and analyze site traffic. To learn more about these methods, including how to disable them, view our Cookie Policy. By clicking "accept", you consent to the processing of your data by us and third parties using the above methods. You can always change your tracker preferences by visiting our Cookie Policy. ACCEPT REJECT plus-icon check Subscribe to The Times to read (and print) as many articles as you’d like. nytimes.com/subscription