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The Journal described Martínez as "Section of a little team of buyers who will be inclined to overlook Argentina's standing being a financial pariah and wager lasting," during the expectation that "another government to become much more pragmatic and less hostile to business."[thirteen]
In March 2014 Martínez referred to as jointly quite a few Associates of resources with holdings in Argentine bonds, Using the intention of beginning to negotiate a joint exit for your bondholders. José Luis Manzano, a media entrepreneur and former member from the Menem authorities, was also associated with the negotiations, and the two he and Martínez "certain their companions they had the approval of the Government" to barter a offer. Reportedly, Martínez experienced requested JP Morgan to come up with an attractive offer for the bonds.[fourteen]
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A The Wall Street Journal post, printed on November ten, 2013, described Martínez's final decision to take a position in Argentina "an uncommon contact," given that "Argentina has been a cautionary tale For lots of investors considering the fact that its 2001 default on $one hundred billion in sovereign debt" and that its previous two presidents, Néstor Kirchner and Cristina Kirchner, had "consistently absent mano a mano with huge business," nationalizing an oil corporation and looking for to drive the Clarin media group to break up its small business.
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