Posted: Wednesday, July 30, 2014 1:56 pm
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Updated: 3:15 pm, Wed Jul 30, 2014.
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BUENOS AIRES, Argentina (AP) — In 2001, it was ground zero for Argentina's financial earthquake. A neo-colonial architectural gem built long ago by the Bank of Boston, it became the focal point for angry mobs of protesters who stared down riot police to demand the return of their savings, which the government confiscated in a last-ditch, and ultimately failed, attempt to stay current on its debt.
Thirteen years later, as a midnight deadline to avert another default approached Wednesday, the mood on this iconic downtown street corner was one of resignation not panic. There were no protesters banging pots and pans on the bank's impenetrable cast-iron doors. Instead, office workers used their lunch break to tend to financial transactions at what is now a branch of the Industrial and Commercial Bank of China.
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Wednesday, July 30, 2014 1:56 pm.
Updated: 3:15 pm.
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