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Latin cross-border game to recover : While domestic players never left the field

As 2002 came to a close, an audible sigh of relief wafted through the Latin American cross-border market. By all accounts, it was an appalling year for securitizations. Cross-border volume from the region shrank a dismal 43% to US$3.9 billion, according to Moody's Investors Service. Argentina's cataclysmic default in...

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