Cristina Fernández de Kirchner of the Buenos Aires province, both leaders had their respective wives run for the office: Hilda González de Duhalde for the PJ, and Cristina Kirchner for the Front for Victory. Cristina Kirchner won the election. The presidential election was held on 28 October 2007. With Kirchner leading all the pre-election polls by a wide margin, her challengers focused on forcing her into a ballotage. To win in a single round, a presidential candidate in Argentina needs either more than 45% of the vote, or 40% of the vote and a lead of more than 10 percentage points over the runner-up.
Cristina Fernández de Kirchner dollars. The nationalization was justified by the president as government protectionism during the crisis, and compared with the bank bailouts in Europe and the United States. It was criticized as a threat to property rights and the rule of law. Fernández resigned after the Kirchnerite defeat in the 2009 elections, and was replaced by Amado Boudou, president of the ANSES which had worked for that nationalization. Although inflation was nearing 25% and on the rise, Boudou did not consider it a significant problem. In January 2010, Cristina Kirchner created the bicentennial fund employing a necessity and urgency decree in order