Former IMF head admits to made many silly mistakes and errors with Argentina

Thursday, June 23rd 2011 - 22:49 UTC

Full article 8 comments

Former managing director of the IMF, Michel Camdessus admitted Thursday in Buenos Aires that during his time working for the organization, they 'made many mistakes with Argentina,' particularly highlighting the 90s. Read full article

Comments

Disclaimer & comment rules

ElaineB
“Many silly mistakes”!!! How can pulling the financial rug on an entire country be considered a 'silly mistake'. Sure Argentina was partly culpable by refusing to work with the IMF to resolve the situation but what the IMF did was unforgivable. IMO. And don't get me started on the bond traders......
Jun 23rd, 2011 - 11:19 pm - Link - Report abuse 0
-+
briton
I agree with you.
But sadly some argies will blame us,
the british will get the blame [AGAIN]
Jun 23rd, 2011 - 11:25 pm - Link - Report abuse 0
-+
Artillero601
I don't think so ....
Jun 23rd, 2011 - 11:46 pm - Link - Report abuse 0
-+
ptolemy
Hindsight is always 20-20.
Jun 24th, 2011 - 06:04 am - Link - Report abuse 0
-+
Fido Dido
the bond traders (Goldman Sachs, JP Morgan Chase, Citi, HSBC etc etc=The Federal Reserve=IMF/WORLD bank=DEBTOCRACY

http://youtu.be/qKpxPo-lInk
Jun 24th, 2011 - 07:37 pm - Link - Report abuse 0
-+
NicoDin
@Fido Dido

Have you read Fido Confessions of an Economic Hit Man?

The third world countries are left holding a huge debt...Economic Hit Man goes to the country and say listen...you can’t pay your debt... vote with us in the next critical UN vote or send troops in support of our to some places in the world like Iraq... Umm

http://www.youtube.com/watch?v=oARBdBtGenM

Any similarity with brainwashed Mohammeds situation its just pure coincidence

: )
Jun 25th, 2011 - 10:15 am - Link - Report abuse 0
-+
GeoffWard
Ptolemy #4,
if hindsight is always 20-20,
why do Argentineans have a very different hindsight from that of TFI & the UK?
Because hindsights are always conditioned by xenophobia, partial histories and blinding predjudices.

In the face of all these conditioners (and many others), hindsight does not stand a chance.
Jun 25th, 2011 - 05:31 pm - Link - Report abuse 0
-+
Fido Dido
@Nico,

Have you read Fido Confessions of an Economic Hit Man?
Yes, great book.
Correction. it's not just brainwashed mohammeds, but brainwashed mad mohammeds.
Jun 26th, 2011 - 03:28 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!