Gyroscopic Investing

How does a New Yorker help tip over the second-largest economy in South America a few weeks before his 70th birthday? By being stubborn, self-righteous, clever, and willing to take his decade-long fight against the country to a Las Vegas court, a Ghanaian seaport, weapons warehouses in Maryland, and at least two rocket launches.

http://www.businessweek.com/articles/20 ... om-fighter

Argentina has a habit of burning investors. I'm glad someone is holding their feet to the fire, although I doubt they'll learn anything from it. Culturally they are just broken in how they view financial obligations, contracts, and corruption.

Memo to Argentina: With apologies to President Coolidge, you hired the money.

Bravo Mr. Singer.