Bitcoin: To Regulate or not to Regulate?

August 18th, 2017 by Kara in Case Studies

By: Georgette Fernandez Laris Einstein said technology has a tendency to exceed our humanity. In the midst of the cryptocurrency and blockchain technology revolution, regulation becomes increasingly important. Effective ethical regulatory frameworks help us recognize our moral blind-spots as we confront cryptocurrencies and their underlying technological protocols. Introduction & contextualization: what is Bitcoin? The not so distant 2008 global financial crisis (GFC) rekindled questions about the nature of money. Crises provide threshold moments when we doubt institutions we have long taken for granted and trusted. The GFC spurred public interest in money: what ...

Argentina vs. the Hedge Funds: The 2014 Argentinian Bond Default

August 2nd, 2017 by Kara in Case Studies

Paul Singer and President Kirshner By Andreas Kanaris Miyashiro On July 31st 2014, Argentina automatically defaulted on $29 billion of debt following a lengthy court case in which hedge fund bondholders sued the Argentinian government. The President of Argentina at the time, Cristina Fernandez de Kirchner, argued bondholders involved in the lawsuit were predatory and exploitative. The plaintiff hedge funds argued they only aimed to uphold the ‘rule of law’. Which party was to blame for the Argentinian bond default? Causes of the 2014 Argentinian Bond Default  Argentinian Economic Policy in the 1990s The root ...