1 10 Argentina Argentina NNP 10 12 ’s 's POS 13 18 Chaos Chaos NNP 19 25 Raises Raises NNP 26 29 New New NNP 30 36 Doubts Doubts NNP 37 39 on on IN 40 48 Monetary Monetary NNP 49 53 Fund Fund NNP 62 72 WASHINGTON WASHINGTON NNP 72 73 , , , 74 78 Dec. Dec. NNP 79 81 21 21 CD 82 83 - - HYPH 84 87 The the DT 88 94 deadly deadly JJ 95 100 riots riot NNS 101 103 in in IN 104 113 Argentina Argentina NNP 113 114 , , , 115 118 the the DT 120 128 collapse collapse NN 129 131 of of IN 132 135 its its PRP$ 136 146 government government NN 147 150 and and CC 151 158 another another DT 159 171 multibillion multibillion JJ 172 178 dollar dollar NN 180 187 bailout bailout NN 188 192 gone go VBN 193 197 awry awry NN 198 202 have have VBP 203 209 raised raise VBN 210 215 fresh fresh JJ 216 225 questions question NNS 226 231 about about IN 232 235 the the DT 237 250 effectiveness effectiveness NN 251 253 of of IN 254 257 the the DT 258 271 International International NNP 272 280 Monetary Monetary NNP 281 285 Fund Fund NNP 286 289 and and CC 290 293 the the DT 295 304 financial financial JJ 305 313 policies policy NNS 314 316 of of IN 317 320 the the DT 321 327 United United NNP 328 334 States State NNPS 334 335 , , , 336 339 the the DT 340 344 fund fund NN 344 346 ’s 's POS 347 354 leading lead VBG 356 367 shareholder shareholder NN 367 368 . . . 372 377 Latin latin JJ 378 386 American american JJ 387 390 and and CC 391 399 European european JJ 400 410 government government NN 411 418 leaders leader NNS 419 424 today today NN 425 431 joined join VBD 433 443 protesters protester NNS 444 446 in in IN 447 453 Buenos Buenos NNP 454 459 Aires Aires NNP 459 460 , , , 461 465 Wall Wall NNP 466 472 Street Street NNP 473 480 traders trader NNS 481 484 and and CC 485 494 financial financial JJ 496 503 experts expert NNS 504 506 in in IN 507 514 putting put VBG 515 517 at at IN 518 523 least least JJS 524 528 part part NN 529 531 of of IN 532 535 the the DT 536 541 blame blame NN 542 545 for for IN 546 555 Argentina Argentina NNP 555 557 ’s 's POS 559 567 problems problem NNS 568 570 on on IN 571 574 the the DT 575 582 lending lending NN 583 589 agency agency NN 590 593 and and CC 594 597 the the DT 598 605 Clinton Clinton NNP 606 609 and and CC 610 614 Bush Bush NNP 616 631 administrations administration NNS 631 632 . . . 636 640 Some some DT 641 644 say say VBP 645 648 the the DT 649 657 monetary monetary JJ 658 662 fund fund NN 663 669 showed show VBD 670 681 callousness callousness NN 682 684 by by IN 685 692 failing fail VBG 693 695 to to TO 696 700 give give VB 702 705 new new JJ 706 709 aid aid NN 710 712 to to TO 713 722 Argentina Argentina NNP 723 728 early early RB 729 733 this this DT 734 739 month month NN 739 740 , , , 741 743 as as IN 744 747 the the DT 748 755 country country NN 755 757 ’s 's POS 758 766 economic economic JJ 768 775 program program NN 775 776 , , , 777 785 designed design VBN 786 790 with with IN 791 797 I.M.F. I.M.F. NNP 798 806 approval approval NN 806 807 , , , 808 811 was be VBD 812 819 forcing force VBG 820 827 painful painful JJ 829 838 austerity austerity NN 839 847 measures measure NNS 848 850 on on IN 851 854 its its PRP$ 855 863 citizens citizen NNS 863 864 . . . 865 871 Others other NNS 872 875 say say VBP 876 879 the the DT 880 884 fund fund NN 885 889 made make VBD 890 893 the the DT 895 903 opposite opposite JJ 904 911 mistake mistake NN 911 912 , , , 913 923 repeatedly repeatedly RB 924 932 offering offer VBG 933 938 loans loan NNS 939 941 to to TO 942 951 Argentina Argentina NNP 952 959 despite despite IN 961 972 indications indication NNS 973 977 that that IN 978 981 the the DT 982 989 country country NN 989 991 ’s 's POS 992 1000 policies policy NNS 1001 1004 had have VBD 1005 1011 become become VBN 1012 1022 unworkable unworkable JJ 1022 1023 , , , 1025 1033 delaying delay VBG 1034 1037 the the DT 1038 1041 day day NN 1042 1044 of of IN 1045 1054 reckoning reckon VBG 1054 1055 . . . 1059 1064 These these DT 1065 1075 criticisms criticism NNS 1075 1076 , , , 1077 1081 even even RB 1082 1084 if if IN 1085 1098 contradictory contradictory NN 1098 1099 , , , 1100 1108 increase increase VBP 1109 1117 pressure pressure NN 1118 1120 on on IN 1122 1125 the the DT 1126 1132 I.M.F. I.M.F. NNP 1133 1136 and and CC 1137 1140 the the DT 1141 1145 Bush Bush NNP 1146 1160 administration administration NN 1161 1163 to to TO 1164 1174 articulate articulate VB 1175 1176 a a DT 1177 1182 clear clear JJ 1184 1190 policy policy NN 1191 1197 toward toward IN 1198 1207 financial financial JJ 1208 1214 rescue rescue NN 1215 1222 efforts effort NNS 1222 1223 , , , 1224 1229 which which WDT 1230 1235 often often RB 1236 1240 come come VBP 1241 1246 under under IN 1248 1252 fire fire NN 1253 1257 even even RB 1258 1262 when when WRB 1263 1267 they they PRP 1268 1271 are be VBP 1272 1278 judged judge VBN 1279 1289 successful successful JJ 1289 1290 . . . 1294 1302 Treasury Treasury NNP 1303 1312 Secretary Secretary NNP 1313 1317 Paul Paul NNP 1318 1320 H. H. NNP 1321 1328 O’Neill O'Neill NNP 1329 1333 came come VBD 1334 1338 into into IN 1339 1345 office office NN 1346 1354 publicly publicly RB 1356 1366 denouncing denounce VBG 1367 1379 multibillion multibillion JJ 1380 1386 dollar dollar NN 1387 1395 bailouts bailout NNS 1395 1396 , , , 1397 1403 saying say VBG 1404 1408 that that IN 1409 1415 either either CC 1416 1420 they they PRP 1422 1426 fail fail VBP 1427 1435 outright outright RB 1436 1438 or or CC 1439 1443 they they PRP 1444 1449 allow allow VBP 1450 1457 foreign foreign JJ 1458 1469 governments government NNS 1470 1472 to to TO 1473 1476 get get VB 1477 1481 away away RB 1482 1486 with with IN 1488 1491 bad bad JJ 1492 1504 policymaking policymaking NN 1505 1508 and and CC 1509 1518 investors investor NNS 1519 1521 to to TO 1522 1525 get get VB 1526 1530 away away RB 1531 1535 with with IN 1536 1539 bad bad JJ 1540 1544 bets bet NNS 1544 1545 . . . 1549 1551 In in IN 1552 1560 practice practice NN 1560 1561 , , , 1562 1569 however however RB 1569 1570 , , , 1571 1574 the the DT 1575 1579 Bush Bush NNP 1580 1594 administration administration NN 1595 1598 has have VBZ 1599 1602 yet yet RB 1603 1605 to to TO 1606 1610 take take VB 1611 1612 a a DT 1614 1619 clear clear JJ 1620 1626 stance stance NN 1627 1629 on on IN 1630 1634 such such JJ 1635 1643 bailouts bailout NNS 1644 1647 and and CC 1648 1651 has have VBZ 1652 1656 made make VBN 1657 1670 international international JJ 1672 1681 financial financial JJ 1682 1688 policy policy NN 1689 1690 a a DT 1691 1694 low low JJ 1695 1703 priority priority NN 1703 1704 . . . 1708 1712 Peru Peru NNP 1712 1714 ’s 's POS 1715 1722 finance finance NN 1723 1731 minister minister NN 1731 1732 , , , 1733 1738 Pedro Pedro NNP 1739 1744 Pablo Pablo NNP 1745 1754 Kuczynski Kuczynski NNP 1754 1755 , , , 1756 1766 complained complain VBD 1767 1772 today today NN 1774 1778 that that IN 1779 1782 the the DT 1783 1787 fund fund NN 1788 1795 bungled bungle VBD 1796 1799 its its PRP$ 1800 1808 dealings dealing NNS 1809 1813 with with IN 1814 1823 Argentina Argentina NNP 1824 1826 by by IN 1827 1835 adopting adopt VBG 1837 1849 inconsistent inconsistent JJ 1850 1858 policies policy NNS 1859 1863 that that WDT 1864 1868 were be VBD 1869 1871 at at IN 1872 1877 turns turn NNS 1878 1885 passive passive JJ 1886 1889 and and CC 1890 1900 inflexible inflexible JJ 1900 1901 . . . 1903 1904 “ `` `` 1904 1907 The the DT 1908 1912 fund fund NN 1913 1915 is be VBZ 1916 1922 partly partly RB 1923 1925 to to TO 1926 1931 blame blame VB 1932 1935 for for IN 1936 1940 this this DT 1941 1948 because because IN 1949 1952 the the DT 1953 1957 fund fund NN 1958 1961 did do VBD 1962 1965 not not RB 1967 1972 sound sound VB 1973 1976 the the DT 1977 1982 alarm alarm NN 1983 1985 in in IN 1986 1990 time time NN 1991 1994 and and CC 1995 1999 then then RB 2000 2004 took take VBD 2005 2006 a a DT 2007 2011 very very RB 2012 2016 hard hard JJ 2017 2021 line line NN 2022 2026 when when WRB 2028 2034 things thing NNS 2035 2039 were be VBD 2040 2050 incredibly incredibly RB 2051 2060 difficult difficult JJ 2060 2061 , , , 2061 2062 ” '' '' 2063 2065 he he PRP 2066 2070 told tell VBD 2071 2079 Peruvian peruvian JJ 2080 2085 radio radio NN 2085 2086 . . . 2090 2096 Hubert Hubert NNP 2097 2104 Vedrine Vedrine NNP 2104 2105 , , , 2106 2109 the the DT 2110 2116 French french JJ 2117 2124 foreign foreign JJ 2125 2133 minister minister NN 2133 2134 , , , 2135 2143 assailed assail VBD 2144 2147 the the DT 2148 2154 I.M.F. I.M.F. NNP 2156 2159 for for IN 2160 2170 abandoning abandon VBG 2171 2172 a a DT 2173 2181 longtime longtime JJ 2182 2188 client client NN 2189 2192 and and CC 2193 2201 imposing impose VBG 2202 2203 “ `` `` 2203 2210 demands demand NNS 2211 2215 that that WDT 2216 2220 have have VBP 2222 2226 been be VBN 2227 2236 excessive excessive JJ 2237 2239 or or CC 2240 2242 at at IN 2243 2246 the the DT 2247 2252 wrong wrong JJ 2253 2257 time time NN 2257 2258 . . . 2258 2259 ” '' '' 2260 2263 The the DT 2264 2270 French French NNP 2270 2271 , , , 2272 2275 who who WP 2276 2280 like like IN 2281 2284 the the DT 2286 2292 United United NNP 2293 2299 States State NNPS 2300 2303 are be VBP 2304 2315 significant significant JJ 2316 2320 fund fund NN 2321 2333 shareholders shareholder NNS 2333 2334 , , , 2335 2339 have have VBP 2340 2346 called call VBN 2347 2349 on on IN 2351 2354 the the DT 2355 2362 lending lending NN 2363 2369 agency agency NN 2370 2372 to to TO 2373 2377 step step VB 2378 2380 up up RP 2381 2384 its its PRP$ 2385 2396 involvement involvement NN 2397 2399 to to TO 2400 2404 help help VB 2405 2414 Argentina Argentina NNP 2416 2423 recover recover VB 2423 2424 . . . 2428 2433 After after IN 2434 2438 some some DT 2439 2452 hand-wringing hand-wringing NN 2453 2458 about about IN 2459 2471 jeopardizing jeopardize VBG 2472 2475 the the DT 2476 2481 money money NN 2482 2484 of of IN 2486 2494 American american JJ 2495 2496 “ `` `` 2496 2504 plumbers plumber NNS 2505 2508 and and CC 2509 2519 carpenters carpenter NNS 2519 2520 , , , 2520 2521 ” '' '' 2522 2525 Mr. Mr. NNP 2526 2533 O’Neill O'Neill NNP 2534 2543 supported support VBD 2544 2545 a a DT 2547 2559 multibillion multibillion JJ 2560 2564 loan loan NN 2565 2568 for for IN 2569 2578 Argentina Argentina NNP 2579 2581 in in IN 2582 2588 August August NNP 2588 2589 . . . 2590 2592 He he PRP 2593 2596 has have VBZ 2597 2601 also also RB 2602 2608 backed back VBN 2610 2613 two two CD 2614 2619 large large JJ 2620 2626 rescue rescue NN 2627 2635 packages package NNS 2636 2639 for for IN 2640 2646 Turkey Turkey NNP 2646 2647 , , , 2648 2649 a a DT 2650 2659 strategic strategic JJ 2660 2664 ally ally NN 2665 2669 that that WDT 2670 2673 has have VBZ 2675 2680 faced face VBN 2681 2686 tough tough JJ 2687 2696 financial financial JJ 2697 2705 problems problem NNS 2705 2706 . . . 2710 2714 When when WRB 2715 2724 Argentina Argentina NNP 2724 2726 ’s 's POS 2727 2733 crisis crisis NN 2734 2742 worsened worsen VBD 2743 2745 in in IN 2746 2752 recent recent JJ 2753 2758 weeks week NNS 2758 2759 , , , 2760 2764 Bush Bush NNP 2766 2780 administration administration NN 2781 2790 officials official NNS 2791 2794 did do VBD 2795 2798 not not RB 2799 2803 take take VB 2804 2805 a a DT 2806 2810 firm firm JJ 2811 2819 position position NN 2819 2820 , , , 2821 2829 allowing allow VBG 2831 2834 the the DT 2835 2841 I.M.F. I.M.F. NNP 2842 2844 to to TO 2845 2849 make make VB 2850 2853 the the DT 2854 2858 call call NN 2859 2861 on on IN 2862 2873 withholding withhold VBG 2874 2884 additional additional JJ 2885 2890 loans loan NNS 2890 2891 , , , 2893 2899 people people NNS 2900 2908 involved involve VBN 2909 2911 in in IN 2912 2915 the the DT 2916 2920 fund fund NN 2920 2922 ’s 's POS 2923 2936 deliberations deliberation NNS 2937 2941 said say VBD 2941 2942 . . . 2946 2950 Even even RB 2951 2954 the the DT 2955 2963 harshest harsh JJS 2964 2971 critics critic NNS 2972 2974 of of IN 2975 2978 the the DT 2979 2985 I.M.F. I.M.F. NNP 2986 2989 put put VBD 2990 2994 most most JJS 2995 2997 of of IN 2998 3001 the the DT 3002 3007 blame blame NN 3009 3012 for for IN 3013 3022 Argentina Argentina NNP 3022 3024 ’s 's POS 3025 3032 current current JJ 3033 3039 plight plight NN 3040 3042 on on IN 3043 3044 a a DT 3045 3055 succession succession NN 3056 3058 of of IN 3059 3070 governments government NNS 3071 3073 in in IN 3075 3081 Buenos Buenos NNP 3082 3087 Aires Aires NNPS 3087 3088 . . . 3089 3092 But but CC 3093 3097 many many JJ 3098 3101 say say VBP 3102 3105 the the DT 3106 3114 monetary monetary JJ 3115 3119 fund fund NN 3120 3126 should should MD 3127 3131 have have VB 3132 3138 called call VBN 3140 3150 government government NN 3151 3160 officials official NNS 3161 3163 to to TO 3164 3171 account account VB 3172 3178 sooner sooner RBR 3178 3179 . . . 3183 3192 Argentina Argentina NNP 3193 3200 adopted adopt VBD 3201 3202 a a DT 3203 3209 strict strict JJ 3210 3216 fixed- fixed- JJ 3217 3225 currency currency NN 3226 3232 regime regime NN 3233 3236 and and CC 3237 3247 overhauled overhaul VBD 3249 3252 its its PRP$ 3253 3258 banks bank NNS 3259 3261 in in IN 3262 3265 the the DT 3266 3271 early early JJ 3272 3276 1990 1990 CD 3276 3278 ’s 's POS 3278 3279 . . . 3280 3282 It it PRP 3283 3288 tamed tame VBD 3289 3298 inflation inflation NN 3299 3302 and and CC 3303 3309 became become VBD 3309 3310 , , , 3312 3315 for for IN 3316 3317 a a DT 3318 3323 spell spell NN 3323 3324 , , , 3325 3326 a a DT 3327 3334 glowing glowing JJ 3335 3343 economic economic JJ 3344 3351 success success NN 3352 3357 story story NN 3357 3358 . . . 3362 3365 But but CC 3366 3376 subsequent subsequent JJ 3377 3388 governments government NNS 3389 3396 allowed allow VBD 3397 3405 spending spending NN 3406 3408 to to TO 3409 3413 grow grow VB 3414 3417 out out IN 3418 3420 of of IN 3422 3429 control control NN 3429 3430 , , , 3431 3439 building build VBG 3440 3442 up up RP 3443 3444 a a DT 3445 3452 foreign foreign JJ 3453 3457 debt debt NN 3458 3462 that that WDT 3463 3469 became become VBD 3470 3480 impossible impossible JJ 3481 3483 to to TO 3485 3493 maintain maintain VB 3493 3494 . . . 3495 3504 Argentina Argentina NNP 3505 3509 also also RB 3510 3514 fell fall VBD 3515 3519 into into IN 3520 3521 a a DT 3522 3526 deep deep JJ 3527 3536 recession recession NN 3537 3541 four four CD 3542 3547 years year NNS 3549 3552 ago ago RB 3552 3553 . . . 3554 3557 The the DT 3558 3568 government government NN 3569 3578 beseeched beseech VBD 3579 3582 the the DT 3583 3589 I.M.F. I.M.F. NNP 3590 3593 for for IN 3594 3598 help help NN 3599 3601 to to TO 3602 3606 stay stay VB 3608 3615 solvent solvent RB 3616 3618 as as IN 3619 3621 it it PRP 3622 3627 tried try VBD 3628 3630 to to TO 3631 3635 work work VB 3636 3643 through through IN 3644 3647 its its PRP$ 3648 3656 problems problem NNS 3656 3657 . . . 3661 3667 Backed back VBN 3668 3670 by by IN 3671 3675 both both DT 3676 3679 the the DT 3680 3687 Clinton Clinton NNP 3688 3691 and and CC 3692 3696 Bush Bush NNP 3697 3712 administrations administration NNS 3712 3713 , , , 3714 3717 the the DT 3718 3724 I.M.F. I.M.F. NNP 3726 3731 twice twice RB 3732 3736 came come VBD 3737 3739 to to TO 3740 3743 the the DT 3744 3750 rescue rescue NN 3750 3751 , , , 3752 3761 beginning begin VBG 3762 3766 late late JJ 3767 3771 last last JJ 3772 3776 year year NN 3776 3777 . . . 3781 3784 The the DT 3785 3789 idea idea NN 3790 3793 was be VBD 3794 3796 to to TO 3797 3801 help help VB 3802 3805 the the DT 3806 3813 country country NN 3814 3820 defend defend VB 3821 3824 its its PRP$ 3825 3830 fixed fixed JJ 3831 3839 currency currency NN 3839 3840 , , , 3842 3847 which which WDT 3848 3851 had have VBD 3852 3858 become become VBN 3859 3860 a a DT 3861 3870 political political JJ 3871 3881 touchstone touchstone NN 3881 3882 , , , 3883 3888 while while IN 3889 3897 avoiding avoid VBG 3898 3905 default default NN 3907 3909 on on IN 3910 3911 $ $ $ 3911 3914 132 132 CD 3915 3922 billion billion CD 3923 3925 in in IN 3926 3933 foreign foreign JJ 3934 3938 debt debt NN 3938 3939 , , , 3940 3948 allowing allow VBG 3949 3951 it it PRP 3952 3954 to to TO 3955 3963 continue continue VB 3964 3968 good good JJ 3970 3979 relations relation NNS 3980 3984 with with IN 3985 3992 foreign foreign JJ 3993 4002 investors investor NNS 4002 4003 . . . 4007 4010 The the DT 4011 4016 terms term NNS 4017 4019 of of IN 4020 4023 the the DT 4024 4027 aid aid NN 4028 4035 program program NN 4036 4040 were be VBD 4041 4050 wrenching wrench VBG 4050 4051 . . . 4052 4055 The the DT 4056 4066 government government NN 4068 4074 agreed agree VBD 4075 4077 to to TO 4078 4083 slash slash VB 4084 4092 spending spending NN 4093 4099 during during IN 4100 4101 a a DT 4102 4106 deep deep JJ 4107 4116 recession recession NN 4117 4119 to to TO 4120 4128 increase increase VB 4129 4132 the the DT 4134 4141 chances chance NNS 4142 4144 of of IN 4145 4151 making make VBG 4152 4156 debt debt NN 4157 4165 payments payment NNS 4166 4168 on on IN 4169 4177 schedule schedule NN 4177 4178 . . . 4182 4183 “ `` `` 4183 4185 If if IN 4186 4195 Argentina Argentina NNP 4196 4199 got get VBD 4200 4203 its its PRP$ 4204 4208 core core JJ 4209 4217 economic economic JJ 4218 4226 policies policy NNS 4227 4232 right right JJ 4232 4233 , , , 4234 4236 it it PRP 4237 4242 would would MD 4244 4248 have have VB 4249 4256 avoided avoid VBN 4257 4261 this this DT 4262 4269 problem problem NN 4269 4270 , , , 4270 4271 ” '' '' 4272 4276 said say VBD 4277 4284 Charles Charles NNP 4285 4294 Calomiris Calomiris NNP 4294 4295 , , , 4296 4297 a a DT 4298 4305 finance finance NN 4307 4310 and and CC 4311 4320 economics economic NNS 4321 4330 professor professor NN 4331 4333 at at IN 4334 4342 Columbia Columbia NNP 4343 4353 University University NNP 4354 4357 who who WP 4358 4361 has have VBZ 4362 4366 been be VBN 4368 4376 sounding sound VBG 4377 4380 the the DT 4381 4386 alarm alarm NN 4387 4392 about about IN 4393 4402 Argentina Argentina NNP 4403 4406 for for IN 4407 4413 months month NNS 4413 4414 . . . 4415 4416 “ `` `` 4416 4419 But but CC 4420 4423 the the DT 4424 4430 I.M.F. I.M.F. NNP 4432 4435 and and CC 4436 4440 both both DT 4441 4444 the the DT 4445 4452 Clinton Clinton NNP 4453 4456 and and CC 4457 4461 Bush Bush NNP 4462 4477 administrations administration NNS 4478 4481 let let VBD 4482 4486 them them PRP 4487 4491 stay stay VB 4492 4494 in in IN 4496 4502 denial denial NN 4502 4503 . . . 4504 4508 They they PRP 4509 4512 all all DT 4513 4519 wanted want VBD 4520 4523 the the DT 4524 4531 problem problem NN 4532 4534 to to TO 4535 4539 fall fall VB 4540 4542 on on IN 4543 4550 someone someone NN 4551 4555 else else RB 4555 4557 ’s 's POS 4559 4564 watch watch NN 4564 4565 . . . 4565 4566 ” '' '' 4570 4572 It it PRP 4573 4575 is be VBZ 4576 4582 always always RB 4583 4584 a a DT 4585 4590 tough tough JJ 4591 4595 call call NN 4596 4598 to to TO 4599 4602 cut cut VB 4603 4606 off off RP 4607 4610 aid aid NN 4610 4611 , , , 4612 4615 Mr. Mr. NNP 4616 4625 Calomiris Calomiris NNP 4626 4630 said say VBD 4630 4631 . . . 4633 4636 But but CC 4637 4639 he he PRP 4640 4646 argued argue VBD 4647 4651 that that IN 4652 4654 by by IN 4655 4663 delaying delay VBG 4663 4664 , , , 4665 4668 the the DT 4669 4673 fund fund NN 4674 4680 helped help VBD 4681 4690 Argentina Argentina NNP 4691 4694 dig dig NN 4696 4702 itself itself PRP 4703 4707 into into IN 4708 4709 a a DT 4710 4716 deeper deep JJR 4717 4721 hole hole NN 4721 4722 . . . 4726 4727 “ `` `` 4727 4729 If if IN 4730 4733 you you PRP 4734 4736 do do VBP 4737 4740 not not RB 4741 4745 show show VB 4746 4756 leadership leadership NN 4757 4760 and and CC 4761 4765 make make VB 4766 4768 it it PRP 4769 4775 happen happen VB 4776 4781 early early RB 4781 4782 , , , 4783 4787 then then RB 4789 4792 you you PRP 4793 4797 face face VBP 4798 4799 a a DT 4800 4811 catastrophe catastrophe NN 4811 4812 , , , 4812 4813 ” '' '' 4814 4816 he he PRP 4817 4821 said say VBD 4821 4822 . . . 4826 4833 Michael Michael NNP 4834 4839 Mussa Mussa NNP 4839 4840 , , , 4841 4844 the the DT 4845 4851 I.M.F. I.M.F. NNP 4851 4853 ’s 's POS 4854 4859 chief chief JJ 4860 4869 economist economist NN 4870 4875 until until IN 4876 4880 last last JJ 4881 4887 spring spring NN 4887 4888 , , , 4890 4894 said say VBD 4895 4898 the the DT 4899 4903 fund fund NN 4904 4907 was be VBD 4908 4917 justified justify VBN 4918 4920 in in IN 4921 4930 providing provide VBG 4931 4934 aid aid NN 4935 4937 to to TO 4938 4947 Argentina Argentina NNP 4948 4952 late late RB 4954 4958 last last JJ 4959 4963 year year NN 4963 4964 . . . 4968 4971 But but CC 4972 4974 he he PRP 4975 4979 said say VBD 4980 4984 that that IN 4985 4987 he he PRP 4988 4997 disagreed disagree VBD 4998 5002 with with IN 5003 5006 the the DT 5007 5015 decision decision NN 5016 5018 by by IN 5019 5022 the the DT 5023 5027 fund fund NN 5028 5031 and and CC 5033 5036 the the DT 5037 5041 Bush Bush NNP 5042 5056 administration administration NN 5057 5059 to to TO 5060 5068 continue continue VB 5069 5072 the the DT 5073 5076 aid aid NN 5077 5084 program program NN 5085 5087 in in IN 5088 5094 August August NNP 5094 5095 , , , 5097 5101 when when WRB 5102 5104 he he PRP 5105 5109 said say VBD 5110 5113 the the DT 5114 5123 situation situation NN 5124 5126 in in IN 5127 5136 Argentina Argentina NNP 5137 5140 had have VBD 5141 5147 likely likely RB 5148 5160 deteriorated deteriorate VBN 5162 5168 beyond beyond IN 5169 5175 repair repair NN 5175 5176 . . . 5180 5181 “ `` `` 5181 5184 The the DT 5185 5189 fund fund NN 5190 5194 made make VBD 5195 5196 a a DT 5197 5204 mistake mistake NN 5205 5207 in in IN 5208 5211 not not RB 5212 5218 saying say VBG 5219 5221 no no DT 5222 5224 in in IN 5225 5231 August August NNP 5231 5232 , , , 5232 5233 ” '' '' 5234 5237 Mr. Mr. NNP 5238 5243 Mussa Mussa NNP 5245 5249 said say VBD 5249 5250 . . . 5251 5252 “ `` `` 5252 5255 The the DT 5256 5265 situation situation NN 5266 5271 might might MD 5272 5276 have have VB 5277 5281 been be VBN 5282 5286 more more RBR 5287 5299 controllable controllable JJ 5300 5304 then then RB 5304 5305 . . . 5305 5306 ” '' '' 5310 5313 The the DT 5314 5324 difficulty difficulty NN 5324 5325 , , , 5326 5328 of of IN 5329 5335 course course NN 5335 5336 , , , 5337 5339 is be VBZ 5340 5344 that that IN 5345 5349 such such JJ 5350 5355 calls call NNS 5356 5359 are be VBP 5360 5364 much much RB 5365 5371 easier easy JJR 5372 5374 to to TO 5376 5380 make make VB 5381 5383 in in IN 5384 5393 hindsight hindsight NN 5393 5394 . . . 5395 5398 Mr. Mr. NNP 5399 5404 Mussa Mussa NNP 5405 5417 acknowledged acknowledge VBD 5418 5422 that that IN 5423 5427 even even RB 5428 5432 when when WRB 5433 5436 the the DT 5438 5447 political political JJ 5448 5451 and and CC 5452 5460 economic economic JJ 5461 5470 situation situation NN 5471 5473 in in IN 5474 5483 Argentina Argentina NNP 5484 5487 was be VBD 5488 5492 more more RBR 5493 5499 stable stable JJ 5499 5500 , , , 5501 5502 a a DT 5504 5508 move move NN 5509 5511 to to TO 5512 5517 delay delay VB 5518 5522 debt debt NN 5523 5531 payments payment NNS 5532 5534 or or CC 5535 5542 devalue devalue VB 5543 5546 the the DT 5547 5555 currency currency NN 5556 5559 ran run VBD 5560 5563 the the DT 5564 5568 risk risk NN 5570 5572 of of IN 5573 5581 rattling rattle VBG 5582 5591 financial financial JJ 5592 5599 markets market NNS 5600 5603 and and CC 5604 5608 even even RB 5609 5616 causing cause VBG 5617 5618 a a DT 5619 5628 financial financial JJ 5630 5639 implosion implosion NN 5640 5642 in in IN 5643 5646 the the DT 5647 5653 region region NN 5653 5654 . . . 5658 5660 In in IN 5661 5669 contrast contrast NN 5669 5670 , , , 5671 5673 by by IN 5674 5682 watching watch VBG 5683 5692 Argentina Argentina NNP 5693 5700 wrestle wrestle NN 5701 5705 with with IN 5706 5709 its its PRP$ 5710 5718 finances finance NNS 5720 5724 over over IN 5725 5726 a a DT 5727 5733 period period NN 5734 5736 of of IN 5737 5743 months month NNS 5743 5744 , , , 5745 5754 financial financial JJ 5755 5762 markets market NNS 5763 5774 anticipated anticipate VBD 5775 5778 the the DT 5780 5791 possibility possibility NN 5792 5794 of of IN 5795 5796 a a DT 5797 5804 default default NN 5804 5805 . . . 5806 5809 The the DT 5810 5817 chances chance NNS 5818 5820 of of IN 5821 5830 contagion contagion NN 5831 5834 are be VBP 5835 5838 now now RB 5840 5846 viewed view VBN 5847 5849 as as IN 5850 5857 minimal minimal JJ 5857 5858 . . . 5862 5870 Moreover moreover RB 5870 5871 , , , 5872 5874 it it PRP 5875 5877 is be VBZ 5878 5887 difficult difficult JJ 5888 5890 to to TO 5891 5896 place place VB 5897 5902 blame blame NN 5903 5906 for for IN 5907 5916 Argentina Argentina NNP 5916 5918 ’s 's POS 5920 5928 economic economic JJ 5929 5936 program program NN 5937 5945 squarely squarely RB 5946 5948 on on IN 5949 5952 the the DT 5953 5957 fund fund NN 5958 5962 when when WRB 5963 5967 much much RB 5968 5970 of of IN 5971 5974 the the DT 5975 5981 policy policy NN 5983 5986 was be VBD 5987 5995 designed design VBN 5996 5998 by by IN 5999 6008 Argentina Argentina NNP 6009 6015 itself itself PRP 6015 6016 , , , 6017 6026 sometimes sometimes RB 6027 6031 over over IN 6032 6035 the the DT 6036 6046 objections objection NNS 6048 6050 of of IN 6051 6054 the the DT 6055 6059 fund fund NN 6059 6061 ’s 's POS 6062 6072 economists economist NNS 6072 6073 . . . 6077 6079 At at IN 6080 6082 an an DT 6083 6089 August August NNP 6090 6097 meeting meeting NN 6098 6100 at at IN 6101 6107 I.M.F. I.M.F. NNP 6108 6120 headquarters headquarters NN 6120 6121 , , , 6122 6126 fund fund NN 6127 6136 officials official NNS 6137 6141 told tell VBD 6143 6150 Domingo Domingo NNP 6151 6158 Cavallo Cavallo NNP 6158 6159 , , , 6160 6169 Argentina Argentina NNP 6169 6171 ’s 's POS 6172 6179 economy economy NN 6180 6188 minister minister NN 6188 6189 , , , 6190 6194 that that IN 6195 6198 the the DT 6199 6206 country country NN 6208 6213 would would MD 6214 6216 be be VB 6217 6223 better good JJR 6224 6227 off off IN 6228 6236 delaying delay VBG 6237 6241 debt debt NN 6242 6250 payments payment NNS 6250 6251 . . . 6255 6264 Argentina Argentina NNP 6264 6265 , , , 6266 6273 however however RB 6273 6274 , , , 6275 6278 was be VBD 6279 6289 determined determine VBN 6290 6292 to to TO 6293 6296 pay pay VB 6297 6300 its its PRP$ 6301 6306 debts debt NNS 6307 6309 in in IN 6310 6314 full full JJ 6315 6318 and and CC 6320 6324 keep keep VB 6325 6328 its its PRP$ 6329 6334 fixed fixed JJ 6335 6343 currency currency NN 6344 6346 in in IN 6347 6352 place place NN 6352 6353 , , , 6354 6364 fulfilling fulfil VBG 6365 6369 what what WP 6370 6372 it it PRP 6373 6379 viewed view VBD 6380 6382 as as IN 6383 6384 a a DT 6386 6393 promise promise NN 6394 6396 to to TO 6397 6400 its its PRP$ 6401 6409 citizens citizen NNS 6410 6413 and and CC 6414 6423 creditors creditor NNS 6424 6427 who who WP 6428 6431 had have VBD 6432 6436 been be VBN 6437 6441 told tell VBN 6442 6445 for for IN 6447 6452 years year NNS 6453 6457 that that IN 6458 6463 pesos peso NNS 6464 6468 were be VBD 6469 6471 as as RB 6472 6476 good good JJ 6477 6479 as as IN 6480 6487 dollars dollar NNS 6487 6488 . . . 6489 6491 It it PRP 6492 6500 outlined outline VBD 6501 6507 strict strict JJ 6509 6515 fiscal fiscal JJ 6516 6524 policies policy NNS 6525 6529 that that IN 6530 6532 it it PRP 6533 6540 claimed claim VBD 6541 6546 would would MD 6547 6552 allow allow VB 6553 6555 it it PRP 6556 6558 to to TO 6559 6563 meet meet VB 6564 6567 its its PRP$ 6569 6580 obligations obligation NNS 6580 6581 . . . 6585 6588 But but CC 6589 6591 by by IN 6592 6600 December December NNP 6600 6601 , , , 6602 6604 as as IN 6605 6608 Mr. Mr. NNP 6609 6616 Cavallo Cavallo NNP 6617 6625 resorted resorte VBD 6626 6628 to to TO 6629 6637 freezing freeze VBG 6638 6642 bank bank NN 6644 6652 accounts account NNS 6653 6656 and and CC 6657 6664 raiding raid VBG 6665 6672 pension pension NN 6673 6678 funds fund NNS 6679 6681 to to TO 6682 6686 find find VB 6687 6693 enough enough JJ 6694 6698 hard hard JJ 6699 6707 currency currency NN 6709 6711 to to TO 6712 6716 make make VB 6717 6721 debt debt NN 6722 6730 payments payment NNS 6730 6731 , , , 6732 6740 collapse collapse NN 6741 6747 looked look VBD 6748 6756 imminent imminent JJ 6756 6757 . . . 6758 6761 The the DT 6762 6766 fund fund NN 6768 6775 decided decide VBD 6776 6778 to to TO 6779 6786 suspend suspend VB 6787 6790 aid aid NN 6791 6794 for for IN 6795 6796 a a DT 6797 6804 program program NN 6805 6809 that that WDT 6810 6818 appeared appear VBD 6819 6821 to to TO 6822 6826 have have VB 6828 6834 little little JJ 6835 6841 chance chance NN 6842 6844 of of IN 6845 6852 success success NN 6852 6853 . . . 6857 6863 Though though IN 6864 6869 there there EX 6870 6874 were be VBD 6875 6881 unique unique JJ 6882 6890 elements element NNS 6890 6891 , , , 6892 6901 Argentina Argentina NNP 6901 6903 ’s 's POS 6904 6910 demise demise NN 6911 6916 seems seem VBZ 6918 6925 certain certain JJ 6926 6928 to to TO 6929 6932 add add VB 6933 6935 to to TO 6936 6939 the the DT 6940 6946 doubts doubt NNS 6947 6952 about about IN 6953 6956 the the DT 6957 6963 wisdom wisdom NN 6964 6966 of of IN 6967 6975 bailouts bailout NNS 6975 6976 , , , 6978 6984 doubts doubt NNS 6985 6989 that that WDT 6990 6994 have have VBP 6995 7000 grown grow VBN 7001 7003 in in IN 7004 7010 recent recent JJ 7011 7016 years year NNS 7016 7017 . . . 7018 7024 Nearly nearly RB 7025 7030 every every DT 7031 7036 major major JJ 7038 7047 financial financial JJ 7048 7054 rescue rescue NN 7055 7061 effort effort NN 7061 7062 , , , 7063 7072 including include VBG 7073 7078 those those DT 7079 7081 in in IN 7082 7088 Mexico Mexico NNP 7088 7089 , , , 7090 7098 Thailand Thailand NNP 7098 7099 , , , 7101 7110 Indonesia Indonesia NNP 7110 7111 , , , 7112 7117 South South NNP 7118 7123 Korea Korea NNP 7123 7124 , , , 7125 7131 Russia Russia NNP 7132 7135 and and CC 7136 7142 Brazil Brazil NNP 7142 7143 , , , 7144 7147 has have VBZ 7148 7152 come come VBN 7153 7158 under under IN 7160 7167 intense intense JJ 7168 7176 scrutiny scrutiny NN 7177 7181 from from IN 7182 7185 the the DT 7186 7190 left left JJ 7191 7194 and and CC 7195 7198 the the DT 7199 7204 right right NN 7204 7205 , , , 7206 7212 albeit albeit IN 7213 7216 for for IN 7217 7223 widely widely RB 7225 7232 varying vary VBG 7233 7240 reasons reason NNS 7240 7241 . . . 7245 7249 Fund Fund NNP 7250 7259 officials official NNS 7260 7263 say say VBP 7264 7273 privately privately RB 7274 7278 that that IN 7279 7283 they they PRP 7284 7290 cannot cannot MD 7291 7296 avoid avoid VB 7297 7306 financial financial JJ 7308 7316 bailouts bailout NNS 7317 7327 altogether altogether RB 7327 7328 . . . 7329 7332 The the DT 7333 7339 lesson lesson NN 7340 7342 of of IN 7343 7352 Argentina Argentina NNP 7352 7353 , , , 7354 7358 they they PRP 7359 7362 say say VBP 7362 7363 , , , 7364 7366 is be VBZ 7367 7371 that that IN 7373 7377 they they PRP 7378 7382 need need VBP 7383 7385 to to TO 7386 7390 find find VB 7391 7392 a a DT 7393 7396 way way NN 7397 7399 to to TO 7400 7403 say say VB 7404 7406 no no DT 7407 7413 before before IN 7414 7417 the the DT 7418 7424 people people NNS 7425 7429 they they PRP 7430 7433 are be VBP 7435 7443 supposed suppose VBN 7444 7446 to to TO 7447 7449 be be VB 7450 7457 helping help VBG 7458 7462 take take VB 7463 7465 to to TO 7466 7469 the the DT 7470 7477 streets street NNS 7477 7478 . . . 7482 7491 Copyright Copyright NNP 7492 7496 2001 2001 CD 7497 7500 The the DT 7501 7504 New New NNP 7505 7509 York York NNP 7510 7515 Times Times NNP 7516 7523 Company Company NNP