Argentina

Will Moody’s Downgrades Affect Latin American Banking Operations?

July 15, 2012 Brazil

Moody’s Investors Service on June 21, 2012 downgraded more than a dozen major banks as they grapple with declining profitability and a weakening global economic environment. Q: Will the downgrades affect the banks’ businesses in Latin America and their customers in the region? Will the downgrades create opportunities for smaller financial institutions in Latin America? […]

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Recovering Assets from International Financial Fraud

July 20, 2010 Caribbean

The element of surprise. Tracking monies stolen by a Ponzi-scheme architect being prosecuted by the SEC, our investigators and attorneys found $15 million secreted in Panama accounts and moved to repatriate the assets. But two days before the freeze orders hit, the bad guys got tipped off by corrupt bank officials and moved the cash […]

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Freezing Argentina Assets

June 12, 2010 Argentina

While perhaps not as egregious a ploy as Ponzi schemes à la Madoff and Stanford, the Argentine bond swindle hurts investors just the same. Argentine Government’s Refusal to Meet Bondholder Obligations The Argentina government’s refusal to meet bondholder allegations for years—without any justification—ranks as international financial malfeasance demanding remedy. Luckily, after a half-decade legal struggle, […]

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