Question: What date did the program, in which the Bracebridge Capital made $1.5 billion from, begin?
Context: The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history.  A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, though ongoing disputes with holdouts remained.  Bondholders who participated in the restructuring settled for repayments of around 30% of face value and deferred payment terms, and began to be paid punctually; the value of their nearly worthless bonds also began to rise.  The remaining 7% of bondholders later won the right to be repaid in full. Bracebridge Capital is a hedge fund based in Boston, Massachusetts.  It was co-founded by Nancy Zimmerman and Gabriel Sunshine in 1994.  It manages funds from the endowments of Yale University and Princeton University.  It also made $1.5 billion from the Argentine debt restructuring.  As of February 2016, it had $10.3 billion of assets under management, making it the largest hedge fund managed by a woman in the world. Proposition 55 is a California ballot proposition that passed on the November 8, 2016 ballot, regarding extending by twelve years the temporary personal income tax increases enacted in 2012 on earnings over $250,000, with revenues allocated to K–12 schools, California Community Colleges, and, in certain years, healthcare.  Proposition 55 will raise tax revenue by between $4 billion and $9 billion a year.  Half of funds will go to schools and community colleges, up to $2 billion a year would go to Medi-Cal, and up to $1.5 billion will be saved and applied to debt. Nancy Zimmerman (born 1963/64) is an American hedge fund manager.  She is the co-founder of Bracebridge Capital, a Boston-based hedge funds with over $10 billion of assets under management as of February 2016.  She was involved in the Harvard Institute for International Development's 1997 Russian scandal, for which she reimbursed $1.5 million to the United States federal government.  She manages investments for the endowments of Yale University and Princeton University. Taboola was founded in 2007 by Adam Singolda.  The company began in Israel and initially provided a recommendation engine for video content.  Headquarters were later moved to New York City.  Taboola raised $1.5 million in funding in November 2007.  This was followed by $4.5 million in November 2008, and $9 million in August 2011.  Additionally, Taboola raised $15 million in February 2013.  By 2017, Taboola was used to provide 1.5 billion article recommendations per day, due to adoption by major news websites. Jakarta Signature Tower is a projected skyscraper in Jakarta, Indonesia.  With a height of 638 m upon completion, it would become the sixth tallest skyscraper in the world.  It was originally proposed in 2010 and was slated to begin construction in 2015.  Planning permission for the tower was granted in late 2015, and construction is now scheduled to begin in the third quarter of 2016 assuming a loan of approximately $1.5 billion can be successfully secured. U.S. - Vietnam Trade Relations refer to the bilateral trade relationship between the United States of America (U.S.) and the Socialist Republic of Vietnam (Vietnam) from 1990s to 2012.  After more than two decades of no economic relationship since the end of the Vietnam War, the two governments reestablished economic relationship during the 1990s.  The bilateral trade between the U.S. and Vietnam grew slowly afterwards, and it has developed rapidly after the signing of the U.S.-Vietnam Bilateral Trade Agreement in December 2001.  Total bilateral trade turnover has increased 1200% from $1.5 billion in 2001 to over $20 billion in 2011.  The bilateral trade relations further developed after the U.S. granted Vietnam permanent normal trade relations (PNTR) status as part of Vietnam’s accession to the World Trade Organization (WTO) in 2007.  The U.S. and Vietnam also came to a Trade and Investment Framework Agreement (TIFA) in 2007.  Vietnam was recently the United States' 26th largest goods imports partner with $17.5 billion in 2011, and was the 45th largest goods export market with $3.7 billion in 2010.  Vietnam with six other partners are now in the ongoing Trans-Pacific Partnership (TPP) negotiations with the U.S.  The growth in bilateral trade has also been accompanied by issues and problems, e.g. anti-dumping cases, worker’s rights, non-market economy, Intellectual Property Rights (IPR) protection and Vietnam’s exchange rate policy. The 2007 Alberta Royalty Review was an independent panel, chaired by William M. Hunter, established by the government of Alberta to review the level of resource royalties collected by the provincial government from petroleum and natural gas companies.  In their final report entitled "Our Fair Share" released on September 18, 2007 the panel concluded that Albertans, who own their natural resources, were not receiving their "fair share" from energy development.  Royalty rates and formulas had "not kept pace with changes in the resource base and world energy markets."  As a result of the review new regulations came into effect under the Alberta Mines and Minerals Act including the Petroleum Royalty Regulation, 2009, and the Natural Gas Royalty Regulation, 2009.  The government of Alberta expected to collect approximately $2 billion annually with new royalty formulas implemented in 2009.  Instead of an increase in royalties on oil and gas, Alberta collected $13.5 billion less from 2009 to 2014 with the new formula.  There was a flaw in the 2009 New Well Royalty Rate formula which was in effect by May 1, 2011, regarding the royalties on gas which had provided almost 67% of total royalties collected by Alberta prior to 2009.  Under the 2009 formula applied to Natural Gas and By-products represented a decrease from the previous fixed rates.  With this formula gas royalties declined by approximately $5 billion per year and provided only 17% of total royalties.  In 2008 the global price of oil plummeted from an all-time high of $145 a barrel on July 8, 2008 to $32 a barrel later in 2008 resulting in "the cancellation of many energy projects" in Alberta.  By 2015 several of these oil projects had not resumed.  In spite of this, Alberta collected $2 billion in oil sands royalties in the post-2009 period with the new rate of 20% compared to $1.5 billion from 2004-2009 with the old rate of 15%. Byrraju Ramalinga Raju (born 16 September 1954) is the former chairman and CEO Satyam Computer Services from 1987 and till 7 January 2009, stepping down admitting to embezzlement of financial figures of the company to the tune of Rs 71.36 billion (approximately US$1.5 billion), including Rs 50.40 billion (approximately US$1 billion) of non-existent cash and bank balances.  In 2015, he was convicted of corporate fraud relating to Satyam collapse. The Dasu Dam is a gravity dam currently being constructed on the Indus River near Dasu in Kohistan District, Khyber Pakhtunkhwa Province, Pakistan.  The 242 m tall dam will support a 4,320 MW hydroelectric power station which will be built in two 2,160 MW stages.  Water from the reservoir will be diverted to the power station located about 3.5 km downstream.  The first stage was approved by the Executive Committee of the National Economic Council on 29 March 2014.  That stage will cost an estimated US$4.278 billion.  Funding is being provided by the World Bank (US$700 million), the Industrial and Commercial Bank of China (US$1.5 billion), Deutsche Bank (US$1 billion) and Aga Khan Development Network (US$500 Million).  Completion of stage one is expected in March 2019.  Prime Minister Nawaz Sharif attended the dam's groundbreaking ceremony on 25 June 2014.
Answer: January 14, 2005