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A The Wall Road Journal report, printed on November 10, 2013, explained Martínez's determination to speculate in Argentina "an unusual phone," provided that "Argentina continues to be a cautionary tale For lots of traders due to the fact its 2001 default on $one hundred billion in sovereign debt" Which its last two presidents, Néstor Kirchner and Cristina Kirchner, had "repeatedly absent mano a mano with big organization," nationalizing an oil business and looking for to pressure the Clarin media team to interrupt up its small business.
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His "wholesale" purchase of defaulted Argentinian bonds was deemed an act of "loyalty" to Argentina by Kirchner and Many others. In the course of Argentina's worst financial situations, he bought into "Virtually all" with the state's big firms, "from Telecom to Transener."[8]
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