Not known Factual Statements About institutional financial solutions

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Quantifying the financial repercussions of money laundering is difficult, but the Intercontinental Monetary Fund estimates it could signify five% of the global GDP.

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This offer pitted him "towards the cellular-mobile phone business of Carlos Slender in South The united states's 2nd-major financial state" and "expanded Martínez's bets past holdings for example cable belongings and Argentina's sovereign credit card debt as he seeks to get pleasure from raising Web and online video use on cellular gadgets."[12]

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One of Martínez's most notable negotiations included restructuring the personal debt in the Mexican chemical compounds and textile conglomerate Celulosa y Derivados, Sociedad Anónima (CYDSA), a company that had denied him a task when he was young.

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Described as "the most influential Mexican on Wall Road,"[1] Martínez performed A significant role while in the restructuring of Argentina's sovereign debt and described himself in 2013 as getting participated in almost just about every restructuring of sovereign debt over the prior 25 many years.

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" His Big apple condominium "above 15,000SF combo apartment that spans within the 76th & 77th floors. Includes a two-story living room as well as a reflecting pool," as well as a "Particular method is rigged to aid one extremely weighty piece of art."

His "wholesale" buy of defaulted Argentinian bonds was viewed as an act of "loyalty" to Argentina by Kirchner and others. In the course of Argentina's worst financial situations, he bought into "Nearly all" on the place's large firms, "from Telecom to Transener."[8]

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