MercoPress. South Atlantic News Agency
German courts reject petition from hedge fund holders of Argentine debt
German courts have rejected a petition from bondholders related to the Argentine debt 'default', using a similar interpretation based in the 'pari passu' clause that hedge funds pursued in New York which was accepted by Judge Thomas Griesa. Read full article
Comments
Disclaimer & comment rulesWhy is the entire planet trying to get pennies from Argentina when their own governments and banks have mulcted and swindled stacks of bills. Smells of racism to me.
Jul 13th, 2013 - 12:17 am - Link - Report abuse 0Smells like deadbeat borrowers want their money back....oh no, that smell is feces....I mean argentina
Jul 13th, 2013 - 01:55 am - Link - Report abuse 0Debtors will forever try to get their money back from countries that have no honour.
Jul 13th, 2013 - 08:48 am - Link - Report abuse 0Its not racism its realism!
Get used to it!
Who can find out how much it is costing argieland to “defend” these actions? They are NEVER going to go away.
Jul 13th, 2013 - 09:08 am - Link - Report abuse 0@1 Shame. No-one likes a cheat. No-one likes a thief. No-one likes a liar. There. Three perfectly valid reasons for pursuing argieland until it PAYS!
If ten years or so ago,Argentina had determined to pay off its debts at a realistic percent people would say what a honest,honorable country and the future would hold hope.
Jul 13th, 2013 - 09:26 am - Link - Report abuse 0but announcing tunnels through the Andes,Highspeed train network,new planes for A.A.etc etc before paying for stuff you have had in the past labels you as deadbeat dishonest serial defaulter and removes all hope!
@1 TTT(or whoever),
Jul 13th, 2013 - 09:33 am - Link - Report abuse 0lf you know that you'll struggle in paying back your loans, then don't borrow money in the first place.
Unless of course you are never intending to repay, in which case you are a deadbeat.
Would just like to see Argentina attempt to “default” on their debt with China.
Trouble is, we are a bit close, physically.
Debt collection is racism.
Jul 13th, 2013 - 10:19 am - Link - Report abuse 0Classic
How dumb are these posters?
is there too much dioxin in the drinking water? Or some sort of parasite that is infecting all of them?
It is truly baffling
There is no hope at all fro The Dark Country while there is a peronista left alive: so basically there is no hope.
Jul 13th, 2013 - 11:12 am - Link - Report abuse 0@6
Jul 13th, 2013 - 11:52 am - Link - Report abuse 0Ask the FIG apply for a loan from Argentina for some farcical Spanglish project,(to enable all the Islanders to speak Spanish,even though many of them already can) ,use the money to develop the deepwater port or 'oiltown' then default on it and suggest that it is flattery as:
“we are trying to integrate into South American by using the methods you do.”
@ 9Pete Bog
Jul 13th, 2013 - 12:38 pm - Link - Report abuse 0Very true.
I also 'like':
# 6 lsolde
'Would just like to see Argentina attempt to “default” on their debt with China.'
That will be really interesting, because I believe it will come.
Debt collection is not racist, picking and choosing whom you collect it from IS!
Jul 13th, 2013 - 01:20 pm - Link - Report abuse 0So then enlighten us tobi. Please tell us whom the so called vulture funds bondholders of other national debt they have not gone after to collect from?
Jul 13th, 2013 - 03:27 pm - Link - Report abuse 0How about for starters all those banks that were involved in derivatives, selling debt to Greece by hiding numbers, all those banks lending mortages to people with no jobs, AIG, Rock, and on and on and on...
Jul 13th, 2013 - 03:37 pm - Link - Report abuse 0Just for starters.
May I remind you: not one arrest, and all the tax payer money (your money, not mine), to socialize the LOSSES, and now that those industries make record profits again, are they socializing the PROFITS? Now, they privatized them.
So I guess you are fine with all that. When a bank does well, they distribute the benefits to the shareholders, when they are about to go broke, they distribute the debts to the people. What a wonderful moral system the UK and US have developed for themselves. Worthy of imitation... (lol).
Which ones were Paul Singer involved with where they defaulted on him and was allowed to sue and decided not to sue them? Which ones tobi?
Jul 13th, 2013 - 07:02 pm - Link - Report abuse 0Commenting for this story is now closed.
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