Domingo Cavallo- Visiting Professor at
Stern School of Business- New York University
But...Do you know who he is?
Director of the Argentinean Central Bank (1982)
during the last Military Dictatorship.
Minister of Finance (1991-1996) during the Presidency
of Carlos Menem. Promoted aggressive privatization
by a highly irregular process that weakened the
Argentinean economy.
Minister of Economy during De la Rúa’ s administration (2001).
To "balance" public accounts, he reduced the already low salaries
of the public sector. The social situation prompted popular
uprising and generalized riots against the government.
De la Rúa and Cavallo along with other officers were forced to resign.
From April to June 2002 he was jailed for alleged
participation in illegal weapon sales. The case remains open.