Argentina Offers to Pay Debt With Cash, Bonds

BUENOS AIRES, Argentina -- Argentina proposed a creative way out of its debt showdown Friday night, describing a mix of cash and bonds that it suggested would amount to a huge profit, but not a gargantuan one, for the investors it calls "vulture funds." The government's lawyers gave an appellate panel in New York a proposed payment plan that could ... (more)

http://www.thestreet.com/story/11883655/1/argentina-offers-to-pay-debt-with-cash-bonds.html