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The Times traced the Tale to 2009, when Martínez loaned Vitro $75 million in Trade with the title to various of its Homes and an choice to return them to Vitro later on in exchange for just a 24 per cent stake from the organization. In 2010, Martínez "went to the various banking institutions that Vitro owed money to and purchased the statements," Therefore turning out to be the business's "most significant person exterior creditor, owning about $600 million well worth of claims.
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Martínez has long been called becoming "intently linked" into the late Argentinian president Néstor Kirchner[1] and as institutional financial solutions acquiring been a "Buddy" of Kirchner's. In accordance with one source, "When the former president traveled to The us, he designed a place in his plan" for a gathering with Martínez.
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The Journal described Martínez as "Element of a small group of investors that are keen to miss Argentina's status being a financial pariah and guess long-lasting," within the expectation that "the subsequent govt to be much more pragmatic and less hostile to organization."[thirteen]