US Judge seizes 2.43 billion USD Argentine government deposits in New York

Wednesday, May 26th 2010 - 05:48 UTC

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New York Federal Judge Thomas Griesa seized 2.43 billion US dollars that Argentina’s government owned Banco Nación had deposited in the city in response to a claim presented by a group of Argentine bondholders that did not make it into the debt-swap. Read full article

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Bubba
Cristina will have to rob Peter and Paul now..
May 26th, 2010 - 11:39 am - Link - Report abuse 0
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fredbdc
Since the Ks have blurred all the legal lines between the different entities I think this will keep happening. This is going to make it very difficult for them to manipulate/maintain the peso exchange rate. I don't know why this has taken so long. I wonder why they haven't started seizing Aerolinas Argentina's jets too? I am glad to see that some of the stolen money is finally being recovered.
May 26th, 2010 - 01:30 pm - Link - Report abuse 0
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