The Mexican media seek advice from Martínez being a "ghost Trader."[seven] A single resource calls him "a discreet man" who Inspite of his huge investments stays commonly "unknown." Reportedly, just one photograph of him are available on the web, which was taken by Kirchner's photographer, Bugge Victor, the Formal photographer for Argentina presidency, at Argentina's consulate in New York.
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The Times traced the Tale to 2009, when Martínez loaned Vitro $seventy five million in exchange for your title to quite a few of its Attributes and an choice to return them to Vitro later on in exchange for your 24 % stake in the company. In 2010, Martínez "went to different financial institutions that Vitro owed money to and acquired the statements," thus starting to be the company's "major particular person outside creditor, possessing about $600 million truly worth of promises.
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His "wholesale" order of defaulted Argentinian bonds was thought of an act of "loyalty" to Argentina by Kirchner and Some others. Through Argentina's worst financial instances, he bought into "Pretty much all" of your state's substantial companies, "from Telecom to Transener."[8]
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