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In March 2014 Martínez termed FinTech Advisory together a number of representatives of money with holdings in Argentine bonds, Using the intention of beginning to barter a joint exit for that bondholders. José Luis Manzano, a media entrepreneur and previous member with the Menem governing administration, was also linked to the negotiations, and both of those he and Martínez "confident their associates they had the approval of the Government" to barter a offer. Reportedly, Martínez experienced requested JP Morgan to come up with an attractive offer for the bonds.[fourteen]
Martínez has been referred to as staying "carefully linked" to your late Argentinian president Néstor Kirchner[1] and as possessing been a "Close friend" of Kirchner's. In keeping with just one supply, "Any time the previous president traveled to the United States, he designed a place in his timetable" for a meeting with Martínez.
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His "wholesale" order of defaulted Argentinian bonds was viewed as an act of "loyalty" to Argentina by Kirchner and Other folks. During Argentina's worst economic instances, he purchased into "Practically all" with the state's huge companies, "from Telecom to Transener."[8]
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