Domingo Liotta University College of Medicine, Houston, Texas. 1962-64: Advanced Research Fellow of the American Heart Association. 1963-69: Co-Director of the Baylor-Rice Artificial Heart Program shared with Michael E. DeBakey and C. William Hall. Houston, Texas. 1964-71: Assistant Professor of Surgery, Baylor University College of Medicine, Chairman of the Department: Dr. Michael E. DeBakey, Houston, Texas. 1970-71: Director of Surgical Research, Texas Heart Institute, Chief of Cardiovascular Service Denton A. Cooley, Houston, Texas. 1971-74: Surgeon-in-Chief, Carlos Durand Public Hospital, Buenos Aires, Argentina. 1971-90: Surgeon-in-Chief, Service of Cardiovascular Surgery, Italian Hospital of Buenos Aires, Argentina. 1973-74: Secretary of State for Public Health, Argentina.
Corruption in Argentina international banks as Credit Suisse, First Boston Corporation, HSBC Bank Argentina, JP Morgan Securities, and Salomon Smith Barney. The charges pertained to the 2001 Megaswap negotiated between Economy Minister Domingo Cavallo and said banks. Cavallo attempted to avoid a bond default by offering bondholders a swap, whereby longer-term, higher-interest bonds would be exchanged for bonds coming due in 2010. The Megaswap was accepted by most bondholders (particularly banks, which used the Megaswap to shed rapidly depreciating bonds), and delayed up to US$30 billion in payments that would have been due by 2005; but it also added US$38 billion in interest