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Argentina Finally Makes An Offer Worth Listening To

From businessinsider.com

With hours until the country could default, Argentine leaders negotiating in New York City are finally putting together something of an attractive deal. Here's how it all started going down: On Tuesday night, Argentine Economy Minister Axel Kicillof flew in from Caracas for last-ditch negotiations with the Special Master of the Court. Around 11:20 EST he left the meeting saying negotiations were ongoing. What he wants is a stay on a payment to bondholders due by the end of the day Wednesday, marking the end of a decades-long dispute with a group of hedge fund managers, known collectively as NML Capital. For years it ... (full story)

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