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Israeli company may help Argentina to escape huge hedge fund debts
Black Cube, a business intelligence startup owned by Israelis, is negotiating with the government of Argentina for the hiring of its services. [...] If Argentina hires Black Cube, the company will act over the next few months to gather intelligence on Elliott, with the aim of presenting it to the court in a bid to have its ruling from mid-June overturned. Among other things, Black Cube is investigating is whether Elliott bought credit default swaps on Argentinean government debt [...] Black Cube was founded in 2010 by Yanus and Daniel Zorella, who served in a secret Israeli intelligence unit — as have many of the company’s employees. Black Cube describes its employees as “a select group of veterans of the elite Israeli intelligence community, whose diverse experience in information gathering, analysis, research, and field operations make Black Cube a unique resource in the global market.” Most of the firm’s business is in supporting legal disputes between large business entities, when one side is trying to collect intelligence on the other side in an attempt to win the case.
http://www.haaretz.com/business/.premium-1.609220
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