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cbabe

(5,804 posts)
Tue Oct 21, 2025, 12:31 PM Tuesday

Trump's $40B Argentine giveaway hits major snag as banks balk at loan: report [View all]

https://www.rawstory.com/trump-argentina-bailout/

Trump's $40B Argentine giveaway hits major snag as banks balk at loan: report

Tom Boggioni
October 21, 2025 11:43AM ET

A Donald Trump proposal to bail out struggling Argentina with a $40 billion loan is bumping up against economic reality with banks being asked to provide half of the amount demanding collateral or federal assurances.

According to a report from the Wall Street Journal, financial institutions, including JPMorgan Chase, Bank of America and Goldman Sachs, are “struggling” to come up with a loan they would feel comfortable with.

… more … bankers finally figured it out …
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