Tag: Paul Singer

Rubio Follows the Big Money

Exclusive: Sen. Marco Rubio is the new favorite of the Republican establishment, a shift away from Jeb Bush signaled by hedge-fund billionaire Paul Singer’s embrace. But Rubio earned that affection by advancing Singer’s high-stakes financial fight with Argentina, Jonathan Marshall reports.

Argentina v. the Hedge Funds

Exclusive: A battle between Argentina and U.S. hedge funds, which gambled on the country’s defaulted bonds, is raising questions about how far U.S. courts can go in requiring governments to pay and whether developing nations can defy the U.S.-dominated financial system, reports…