ARGENTINA FOUND IN CONTEMPT
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On Monday Judge Thomas Griesa found Argentina in contempt of a U.S. Court ruling - the Judge will decide on how to punish the nation later.
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A few ideas have been thrown around, though. One option is that the country be fined $50,000 a day until it pays a groupd of hedge fund creditors, helmed by billionaire investor Paul Singer, over $1.3 billion.
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