MercoPress. South Atlantic News Agency
Fitch Ratings downgrades Argentine bonds following Judge Griesa ruling
Fitch Ratings has placed Argentina's Long-term foreign currency Issuer Default Rating (IDR) of 'B', Short-term IDR of 'B' and the international bonds issued under New York Law on Rating Watch Negative (RWN). Read full article
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Disclaimer & comment rules”A missed payment on debt would constitute a default event and Fitch would move Argentina's foreign currency IDR to 'RD' (Restricted Default) and the bond ratings of the affected securities to 'D' (Default).”
Oct 31st, 2012 - 05:32 am - Link - Report abuse 0Means nothing.
CFK has her bags packed for Caracas.
Needs to recoup from ' low blood pressure'. * swoons dramatically *
* frantic scurrying by BK, PH-ALEX, and other La Campora Juvenil*
I can imagine the ol' Harpy walking up and down, wearing out the carpet in her office muttering to herself “The whole world is against me!!”
Oct 31st, 2012 - 07:01 am - Link - Report abuse 0Sad to say that this time, she would be right, 'cos they are. All that remains is for her loyal followers to carry her, shoulder high, from the parliment building and then hang her from the nearest lamp post.
I can bet Griesa' s pocket flanks with US but his senses with Argentine Italians.
Oct 31st, 2012 - 10:20 am - Link - Report abuse 0I believe that as la Cretina avows that the financial/economic state of Argentina is sound then she should do the honourable thing and pay the debt owed to those bond holders who held out for 100% reimbursement. They took a stance/gamble and should now be reimbursed for the risk they took.
Oct 31st, 2012 - 12:36 pm - Link - Report abuse 0More financial victimisation. I will never abandon my support for the best President in the world, and the most beautiful
Oct 31st, 2012 - 01:35 pm - Link - Report abuse 0BK - could you lend me $100? I need it to make a point.
Oct 31st, 2012 - 01:44 pm - Link - Report abuse 0LOL
Oct 31st, 2012 - 02:07 pm - Link - Report abuse 0could not resist cheer leading
Meanwhile, in other news, Dumbo Lorenzino has stated that argieland will “never” pay the hedge funds. Setting argieland on a direct collision course with a US District Court and a US Appeal Court. Since argieland doesn't have a case, that should ensure that the US Supreme Court will decline to hear any appeal. The US Second Circuit Appeal Court ruling, as amended by Judge Griesa's payment formula WILL apply. And argieland will be stuffed again. Here's a thought. Is Lorenzino already in contempt of court?
Oct 31st, 2012 - 02:48 pm - Link - Report abuse 05 BK
Oct 31st, 2012 - 03:45 pm - Link - Report abuse 0LOL! Keep it up. I love how you carry on with your “pro-Argentina/ CFK” stance. You must be very disciplined. Others would've just abandoned the idea by now. Anyone who didn't know better would truly believe you support Argentina. That is until they read your posts for a while and realise just how fanciful they truly are.
Well done. I commend you for your endurance.
About another week now and the ink should be dry. LOL!
it seems no matter what the world does to Argentina,
Oct 31st, 2012 - 09:48 pm - Link - Report abuse 0it seems to have no effect of CFK at all,
everyone else suffers but her,
still,
her pockets must be full of her countries wealth by now,
so why should she care...
Argentina should switch to from paper currency to gold currency and don't worry about Fitch rating since We still don't know what happened to the money IMF gives away to corrupt liars. We do not need IMF or anyone hand outs, let's remember that Argentina did a lot better during a no loan period then all the years IMF stole our money with no accountability of a single dollar. Besides we have a national bank for money and we can also sell bonds or as I stated before move from paper currency to gold.
Nov 01st, 2012 - 02:47 pm - Link - Report abuse 0@10 briton
Nov 02nd, 2012 - 07:14 pm - Link - Report abuse 0how about your country the UK?...see the UK Debt Clock
lol
3 days out of date lol.
Nov 02nd, 2012 - 08:20 pm - Link - Report abuse 0Commenting for this story is now closed.
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