Financial Issues Forum presents Gregory Makoff on “Default: The Landmark Court Battle Over Argentina’s $100 Billion Debt Restructuring”
Virtual OnlyOverview Unlike individuals or corporations that become insolvent, nations do not have access to bankruptcy protection from their creditors. When a country defaults on its debt, the international financial system is ill equipped to manage the crisis. Decisions by key individuals―from national leaders to those at the International Monetary Fund, from holdout creditors [...]