This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
Argentina debt default
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Extortion in Argentina: Odious Debt Is Pillaging the Nation into Bankruptcy
The lesson is this: if creditors know that a few holdout vultures can trigger a default, they're unlikely to settle with other insolvent nations in the future.
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Will a Vulture Hedge-Fund Billionaire Drown Argentina In Debt?
The U.S. president need only inform a federal judge that Paul Singer is interfering with the president's sole authority to conduct foreign policy – so why hasn't he done it?
