Banks Reportedly Discuss Argentina Default Exit - Presented by: The Aol. On Network

Several international banks were reportedly in talks Monday that could end the legal battle that pushed Argentina into a default that threatens its economy. The banks are said to be negotiating to buy some of the Argentine bonds held by U.S. investors whose demand for a higher payment from the government led to a bruising court battle. That court battle ended with a U.S. judge blocking Argentina's interest payments to other bondholders, triggering a default on July 30.



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