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Martínez has actually been called getting "intently connected" towards the late Argentinian president Néstor Kirchner[one] and as possessing been a "friend" of Kirchner's. As outlined by just one source, "Every time the previous president traveled to the United States, he manufactured a location in his timetable" for a gathering with Martínez.
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His "wholesale" obtain of defaulted Argentinian bonds was viewed as an act of "loyalty" to Argentina by Kirchner and Other people. For the duration of Argentina's worst financial times, he bought into "Practically all" of your country's huge companies, "from Telecom to Transener."[8]
In reaction, American Trader Paul Singer's agency, Elliott Associates, and also other hedge money, which collectively owned about $700 million of Vitro's old personal debt, claimed that Martínez experienced assisted Vitro "muscle buyers away from countless numerous dollars through financial sleight of hand," and accused Vitro of "audacity, brazen manipulation and greed.