ulture ▁funds ." ▁The ▁strategy ▁of ▁v ulture ▁funds ▁is ▁to ▁buy ▁government ▁deb ts ▁at ▁sharp ly ▁reduced ▁prices ▁when ▁weak ▁govern ments ▁are ▁in ▁crisis , ▁and ▁eventually ▁force ▁these ▁govern ments ▁to ▁pay ▁the ▁full ▁amount ▁of ▁the ▁deb t . ▁D art ▁employed ▁this ▁strategy ▁in ▁ 1 9 9 4 ▁by ▁acqu iring ▁Brazil ian ▁deb t ▁instruments ▁and ▁eventually ▁generating ▁a ▁profit ▁of ▁about ▁$ 6 0 0   mill ion . ▁ ▁In ▁the ▁Greek ▁financial ▁crisis ▁D art ▁was ▁a ▁winner ▁by ▁forcing ▁the ▁Greek ▁government ▁to ▁pay ▁€ 4 3 6   mill ion ▁in ▁ 2 0 1 2 , ▁ 9 0 % ▁of ▁which ▁went ▁to ▁his ▁fund . ▁ ▁In ▁the ▁prolong ed ▁attempts ▁to ▁resolve ▁the ▁Argent in ian ▁financial ▁crisis ▁of ▁ 2 0 0 1 , ▁D art ▁and ▁Paul ▁S inger ▁rejected ▁Argentina ' s ▁rest ruct uring ▁offer ▁in ▁contrast ▁to ▁most ▁other ▁invest ors ▁and ▁brought ▁their ▁claim ▁to ▁the ▁US ▁court ▁system . ▁In ▁response ▁to ▁D art ' s ▁hold out ▁strategy , ▁the ▁then ▁Argent in ian ▁amb assador ▁in ▁the ▁US , ▁Jorge ▁Arg ü ello , ▁re bu ked ▁D art ' s ▁activities , ▁while ▁in ▁the ▁Argent in ian ▁press ▁D art ▁was ▁named ▁" En emy ▁Number ▁One ▁of ▁Argentina ". ▁▁ ▁In ▁ 2 0 1 2 , ▁a ▁New ▁York ▁State ▁judge ▁ruled ▁in ▁favor ▁of ▁the ▁hold out ▁credit ors ▁ordering ▁Argentina ▁to