Argentina's Debt Crisis Holdouts Set For Big Payday

When Argentina defaulted on its debt in 2001, many hedge funds and other investors took a bath, accepting about 35 cents on the dollar of their face value on about 93 percent of the nation's bonds. Many of those losing out were private citizens in countries across Western Europe as well as the U.S., who had bought the bonds for their high yield at the time. But, investing is a zero-sum game, and every loser has a mirror image who's a winner.