The Latin link

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"There is a feeling of desperation in the market," says Ricardo Kaufmann, Miami-based head of full service brokerage at Bulltick Capital Markets. "Volumes of trades are nowhere near what they were last year and product issuers will do any size trades, no matter how small." The Latin American market has been re-characterised by three trends over the past month. Firstly, market participants of all types are looking to buy and sell distressed Lehman Brothers paper; secondly, many capital-protected

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