From the March 2, 2016 Wall Street Journal:

Some traders go short. Others go long. Paul Singer went really, really long.

His trade, which is transfixing Wall Street this week, has been one of the most drawn-out and contentious bond-market sagas ever. But thanks to a settlement this week, Mr. Singer’s nearly 15-year-old wager on Argentinian government bonds has yielded $2.4 billion, including over $100 million for lawyer fees and other considerations, a gain of roughly 10 to 15 times its original investment.