Domingo Cavallo: "Para salir adelante, Alberto tiene que transformarse en una especie de Menem"
USA: WASHINGTON: ARGENTINE MINISTER DOMINGO CAVALLO VISIT
Domingo Cavallo Comments on 2015 Argentine Elections
Corralito bancario - Fernando de la Rua - Domingo Cavallo - DiFilm (2001)
Domingo Felipe "Mingo" Cavallo is an Argentine economist and politician. He has a track record of public service and is known for implementing the Convertibilidad plan, which fixed the dollar-peso exchange rate at 1:1 between 1991 and 2001. This brought the Argentine inflation rate down from over 1,300% in 1990 to less than 20% in 1992 and nearly to zero during the rest of the 1990s. Guided by his politics, Argentina entered into one of the most difficult crisis in its history. He is also well known for implementing the corralito, which restrained Argentine citizens from withdrawing money from their bank accounts. This was followed by the December 2001 riots and the fall of President Fernando de la Rúa. In 2015, he was sentenced for embezzlement, following an appeal. A definitive sentence still awaits.