http://www.bloomberg.com/apps/news?pid=20601068&sid=aFsvZ1XKaO9U&refer=home
The last time argentine had problems it brought Citi to verge of collapase and was at the time one the largest bailouts of its times.
http://ideas.repec.org/p/fip/fedgfe/2003-25.html
One might want to review what happen.
This time it would be much worse and would continue to fuel the ongoing crises in the currency trade.
Friday, October 31, 2008
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