Domingo Cavallo: Siento la obligación cívica de volver al ruedo político
http://www.cavallo.com.ar/?p=1839&utm_source=rss&utm_medium=rss&utm_campaign=siento-la-obligacion-civica-de-volver-al-ruedo-politico&utm_source=Blog+PostWho he is: http://en.wikipedia.org/wiki/Domingo_Cavallo
No comment, just find it entertaining.
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I hope if he did he at least takes the time to visit his former boss in jail these days.
He also worked in the government for the Argentinian military dictatorship. This man has been busy.
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former minister of economy under Presidents Carlos Menem and Fernando de la Rua
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Wikipedia:
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Though nothing new to the economic history of Argentina, he implemented financial policies that may have allowed Argentina's main private enterprises to transfer their debts to the state, transforming their private debt into public obligations. During 1982 and 1983, more than 200 firms (30 economic groups and 106 transnational enterprises) transferred a great part of their 17 billion dollar debt to the federal government, thanks to secured exchange rates on loan installments. There is no clear consensus on Cavallo's role, however, as this fraud took place both before and after his very brief turn at the Central Bank. He inherited this practice from Martínez de Hoz himself (whose chief interest, steelmaker Acindar, had unloaded US$700 million of its debts in this way). Moreover, Cavallo subjected payments covered by these exchange rate guarantees to indexation, and this latter stipulation was dropped by his successor, Julio González del Solar.[3] In either case, the mechanism turning private debt into liabilities of the state continued even after the advent of democracy under Raúl Alfonsín (1983–89) and into the economic crisis that surrounded the Peso's last sharp devaluation in early 2002.
http://en.wikipedia.org/wiki/Domingo_Cavallo
