MercoPress. South Atlantic News Agency
Argentina still haunted by the holdouts from the 2001 default
Argentina’s attempts to return to global credit markets nine years after its 2001/02 default received this week mixed results. New York Federal Judge Thomas Griesa has issued a ruling urging Argentina to pay 54.33 million Euros (US$75.1 million) to the Capital Ventures International Fund. Read full article
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Disclaimer & comment ruleswasn't this loans and the bogus interests on them illegal, seems like laws are writen only for pirats crooks and thieves.
Feb 04th, 2011 - 10:01 pm - Link - Report abuse 0The world according to Robert Vampiro
Feb 04th, 2011 - 10:51 pm - Link - Report abuse 0http://www.youtube.com/watch?v=uT-szcranQs
“But the government says it is legally unable and also unwilling to pay holdouts at a more favourable rate than the creditors who accepted its swaps.” Lie. They want to get more money than the legal money :) that just can't be, Mr. Griesa.
Accept what we offer, or don't accept it :)
I wouldn't lose much sleep over the hold outs, as a matter of fact I would have used Argentine justice system and squash any repayments of any interests on the original loan..
Feb 04th, 2011 - 11:07 pm - Link - Report abuse 0http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
If you borrow money you should pay it back ... anything less is just theft!
Feb 04th, 2011 - 11:51 pm - Link - Report abuse 0Argentina will continue to have problems in the credit markets until she can show that she is not a thief.
They're all the same anyway. Don't care about justice. Only when they feel like oh, you're taking my money away from me :) Let them cry.
Feb 04th, 2011 - 11:54 pm - Link - Report abuse 0If you borrow money you should pay it back ... anything less is just theft!
Feb 05th, 2011 - 01:32 am - Link - Report abuse 0Correct: Redhoyt is right.
Solution for the Argentinians: Learn from Iceland. they just said..F### You. It's not my debt, It's Menem and his gangsters who are hiding.
Argentina running away from it's responsibilities again?
Feb 05th, 2011 - 04:02 pm - Link - Report abuse 0Strange how you refuse to accept what previous Governments have done.
Pay your debt's you thieving pirates.
#4 you should know about theft, how long will Illegal aliens keep squatting in Malvinas Argentina ??
Feb 06th, 2011 - 12:13 am - Link - Report abuse 0#7 we are paying our debt, we are listening to you cry like a baby I think that is more then we owe.
http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
Funny the use of the word “pirates”, they're always quick to fire back at us even when the word doesn't even fit the context.
Feb 06th, 2011 - 03:28 am - Link - Report abuse 0A. Pay a fraudulent, questionable debt.
B. F--k off
We should pay what we actually owe, as for the rest. B
“Funny the use of the word “pirates”, they're always quick to fire back at us even when the word doesn't even fit the context. ”
Feb 06th, 2011 - 01:01 pm - Link - Report abuse 0Doesn't fit the context that all the argentinian posters use it for either, does it?
Because it's literally impossible for a government to commit an act of piracy, especially on land or in this case..on islands.
Iceland is paying its Bank's debts.
Feb 06th, 2011 - 07:17 pm - Link - Report abuse 0A Nation has to pay it debts....if its a Nation.
TWIMC
Feb 06th, 2011 - 08:04 pm - Link - Report abuse 0Iceland Debt Crisis has been “Solved” by an “Argentinean Style” restructuring of their so called “Debt” AND a extremely generous bail out from the IMF……..
Iceland default was about 5 Billion U$S = 16.666 $ per inhabitant
Argentina’s default was about 95 billion U$S = 2.375 $ per inhabitant
Icelanders are, as a matter of fact, paying a smaller percentage of their “debt” from their own pockets than Argentineans.
And rightly so…….
Most of that debt was a Credit Circus organized by smart London Bankers…..
Educate yourself
http://edition.cnn.com/2010/BUSINESS/03/07/iceland.bailout.vote/index.html
http://edition.cnn.com/2010/BUSINESS/03/07/iceland.bailout.vote/index.html
TWIMC
Feb 07th, 2011 - 09:05 am - Link - Report abuse 0Iceland is paying its Banks debts.
The rest supercilious, irrelevant and nonsense.
Grow up please in Argentine occupied Patagonia.
Chuckle chuckle.
good for Iceland maybe all this Idiots should of lended to Iceland, I think we should ask this leaches, who are you ??? what do you want ?? GTFO...
Feb 08th, 2011 - 08:32 am - Link - Report abuse 0http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
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