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30 Years After the IDB: the Bankruptcy that Destroyed Thousands of Savings and Became the Biggest Banking Scandal of the 1990s
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On April 24, 1996, it was marked as one of the darkest days in Argentine financial history. On that day, the judge of First Instance of the 2nd Nomination of Venado Tuerto, Marcos Ferrarotti, decreed the definitive bankruptcy of the Departmental Integrated Bank, popularly known as IDB. The fall of the financial institution, born in Venado Tuerto, dragged the savings of thousands of Argentines and was recorded as one of the biggest bank scandals …
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