ARGENTINA : Cristina Pays Off Last $2.2 Billion Of "Corralito".

http://www.google.com/hostednews/afp/article/ALeqM5iz0s7aR0S14oGGN80kPJdQox6icA?docId=CNG.7580047f23ac0c846f8b00472a58040c.361


      There was a small celebration in Buenos Aires...as President Cristina Kirchner reported making the last installment on the nation's infamous corralito debt...with a $2.2 billion payment.
      All payouts for small bond holders were blocked in 2001...with $70 billion in local bank accounts frozen...aka...corralito.
      An estimated 22% of final payout recipients were Argentines...but the corralito left deep psychological scars and fears about banks...and investments. 
      ALSO...President Kirchner's approval has plummeted...from 65% at the time of her re-election...to only 40% now.