Rubio's Top Finance Guy is the "Vulture" Who Soaked Argentina for $4.65 Billion

[Judi Lynn]

Rubio's Top Finance Guy is the "Vulture" Who Soaked Argentina for $4.65 Billion


Meet Paul Singer.

By Joseph B. Atkins / Labor South
March 15, 2016

Republican presidential candidate Marco Rubio has tapped as his national finance chairman the “Vulture” who put the squeeze on Argentina for a $4.65 billion payback on his $50 million investment, according to investigative journalist Greg Palast, The Guardian, and other press reports.

Hedge fund billionaire Paul Singer, known as “The Vulture”, is set to become Rubio’s top money guy in a campaign that may reach its demise soon if the Florida senator can’t win the primary in his native state.

Singer, long a huge supporter of Rubio’s campaign, has been criticized around the world for his aggressive wheeling and dealing, both on Wall Street and in political circles, including his financial backing of neo-liberal Mauricio Macri’s rise to the presidency in Argentina.

Macri came into office vowing to respond to Argentina’s indebtedness to international lenders, which has led to major financial crises in the South American country. According to reports, Singer was able to score a $4.65 billion payment from Argentina out of a $50 million investment in old Argentine bonds.

More:
http://www.alternet.org/labor/rubios-top-finance-guy-vulture-who-soaked-argentina-465-billion

[appalachiablue]

1. Monster, even Singer's mother calls him the 'vulture'. It never ends with this Predator.