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Perhaps another topic to consider:
1. Billionaire Rob Citrone, whose hedge fund bet heavily on Argentina, pressed Treasury Secretary Scott Bessent, his longtime friend and former colleague, to rescue the country, according to Argentine media.
Shortly thereafter, Bessent announced a $20 billion taxpayer-funded bailout.
2. CE Noticias Financieras, a wire service in Latin America, reported that after the bailout faced resistance w/lower-level Trump officials, “Citrone managed to connect with Bessent to get him to intervene directly.”
3. Ariel Maciel, Political Economy Editor at Perfil, a large Argentine media outlet, said on an Argentine broadcast, “Citrone is really the one who intervenes. He basically tells Bessent, ‘Hey, we need to help in Argentina,.”
4. Popular Information contacted Citrone's hedge fund, Discovery Capital, and asked if these reports in Argentine media were accurate.
Discovery Capital declined to comment.
5. Another major issue is that as the Argentine economy was in a complete tailspin in early September, Citrone BOUGHT MORE BONDS. Maciel reports the timing of Citrone’s recent purchases has raised “suspicions” that Citrone had access to “confidential information.”
