MercoPress. South Atlantic News Agency
Argentine private banks discussing bond purchase from holdouts
The meeting between Argentine private bank representatives and the 'holdouts' over the debt held by the hedge funds has been adjourned and will be resumed on Thursday, according to Buenos Aires financial daily Ambito.com. Read full article
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Disclaimer & comment rulesOhh lies of ambito.com they have been at this for hours.
Jul 31st, 2014 - 07:13 am - Link - Report abuse 0Morales Sola has just explained why has this fallen through like the Reuters mentioned hours ago.
http://www.lanacion.com.ar/1714497-las-dos-caras-relato-y-realidad
The gov't forced the bankster to go to NY and the negotiations basically collapsed when it was clear that the banks had no guarantee they would be paid, in fact they run a fair risk of declaring themselves insolvent themselves.
Anyway at the end of the day between New York vultures and Patagonian penguins like “Think” and CFK some sort of agreement is always possible ............
http://www.lanacion.com.ar/1714497-las-dos-caras-relato-y-realidad
Absolutely not. This should not be allowed and the entire nation should riot in the streets if it is.
Jul 31st, 2014 - 07:36 am - Link - Report abuse 0This debt will then be socialized.
No. If it goes through, then I may even call for an overthrow of the government.
2 Now you're talking but go easy on the tyre burning. What is it about South American demonstrations that they have to involve fires?
Jul 31st, 2014 - 09:03 am - Link - Report abuse 0Where do you live?
@3 TTT (Insert current name) lives with his mother in Mendoza.
Jul 31st, 2014 - 09:17 am - Link - Report abuse 0@2 You are going to call for an overthrow of the government? That would be you and your mother then. You can't call for a cup of mate, let alone effect change. You live outside the system so how can you change it?
@2. You're going to call for an overthrow of your favourite “government”? Be sensible. You couldn't “overthrow” your kindergarten class. Why are you on here mouthing off? Shouldn't you be out on the streets leading “your” people? See, in a REAL nation, “the people” come together and fight. Argieland can't do that. It's all about selfishness. Maybe, in time, argieland could be turned into a country. Maybe in a hundred years. Until then, suffer!
Jul 31st, 2014 - 12:21 pm - Link - Report abuse 0Feel there is a high chance the government would be overthrown anyway if a private bank deal were to go through. Talk about complete loss of authority! Un-elected CEO's saving the country from its government, effectively making decisions on sovereign affairs? Lol.
Jul 31st, 2014 - 12:52 pm - Link - Report abuse 0The minister had reiterated that “Argentina is willing and it will remain willing as always to talk,”. Apart from the period between when the SCOTUS decision was made and two days before default. When it might actually have been useful to talk, rather than spend the time requesting a stay, on the basis you didn't have enough time to talk. Just sayin' Axel.
I'd even go so far to say that in a crisis situation of imminent default, it might have been useful to stay in NY talking, rather than toddle off home for the weekend to take junior to Saturday morning swimming lesson, or whatever was so pressing.
These speculators smashed their faces in the Argentine wall!
Jul 31st, 2014 - 03:54 pm - Link - Report abuse 0Very very good!
If buyback by the banks, then please extended TO ALL HOLDOUTS!!!!
Jul 31st, 2014 - 06:40 pm - Link - Report abuse 0Dear Mr. Singer, please let us not alone in the fight against the EVIL Argentina!!!
Investors are called speculators now? Jealous that you are incapable of investing money for growth?
Jul 31st, 2014 - 08:32 pm - Link - Report abuse 0These “speculators” are a little scratched from the wall.........but the wall just fell apart.
Wall Street took a nasty fall today. The media is full of bad information on why Argentina defaulted. I really o find it remarkable how this bad drama is turning out, full of little surprises...
Aug 01st, 2014 - 03:47 am - Link - Report abuse 0Commenting for this story is now closed.
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