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A The Wall Street Journal article, posted on November 10, 2013, described Martínez's conclusion to take a position in Argentina "an abnormal contact," on condition that "Argentina has actually been a cautionary tale for many traders given that its 2001 default on $a hundred billion in sovereign credit card debt" and that its past two presidents, Néstor Kirchner and Cristina Kirchner, experienced "regularly gone mano a mano with significant small business," nationalizing an oil enterprise and in search of to force the Clarin media team to interrupt up its organization.
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In reaction, American investor Paul Singer's agency, Elliott Associates, and also other hedge money, which collectively owned about $seven hundred million of Vitro's old debt, claimed that Martínez experienced served Vitro "muscle mass traders from a huge selection of countless dollars through financial sleight of hand," and accused Vitro of "audacity, brazen manipulation and greed.