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Argentina Says Judge Went Too Far Voiding Bond Payment

By Matt Chiappardi (July 7, 2014, 1:34 PM EDT) -- The government of Argentina said on Monday that a New York federal judge did not have the authority to block the payment of more than $500 million to so-called exchange bondholders, and that The Bank of New York Mellon Corp. would be violating its obligations as trustee if it returned the money....

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