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The Daily Telegraph has changed an article by Jeremy Warner which referred to Jewish financier Paul Singer and his hedge fund, Elliott Management, as “latter day Shylocks”. Warner’s article began by hailing a deal to reduce the amount of money owed by Argentina to Elliott Management, writing: “Latter day Shylocks at Elliott Management allowing, Argentina will soon have renewed access to international capital markets.” Warner went on to criticise the reluctance to reduce the debt owed by Argentina, writing that Argentina’s efforts to reduce the amount of debt it owed was “frequently obstructed by aggressively litigious hedgies such as Mr Singer demanding their pound of flesh.”

Source: Daily Telegraph


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