Argentina Bust Lures Bass-Led Investors in 200 Years of Defaults

Argentina Bust Lures Bass-Led Investors in 200 Years of Defaults

Diego Levy/Bloomberg

Graffiti that reads "Get Out Edesur!" is painted on Empresa Distribuidora Sur SA offices in the Almagro neighborhood of Buenos Aires, Argentina, on Jan. 8, 2014. Empresa Distribuidora & Comercializadora Norte SA's $300 million of debt due 2022 has dropped 1.4 cents since Dec. 19, when the government warned it may take over electricity distribution as the hottest summer in over a century spurred weeks of blackouts.