Fernandez Angers Investors While Ducking Argentine Austerity
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When outside investors like Hans Humes look at Argentina, they see a country that has missed its moment.
Humes, president of Greylock Capital Management in New York which manages $600 million of emerging market debt, says President Cristina Fernandez de Kirchner’s currency controls and vilification of the international financial community are robbing the country of its chance for a breakthrough, following a record $95 billion debt default in 2001.