US Judge Tomas Griesa said on Wednesday that the televised speech delivered by President Cristina Fernández on Monday after the US Supreme Court declined to hear an appeal by Argentina in its battle against the holdouts was “a problem” for negotiations and implied he did not trust the Argentine leader. Read full article
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Disclaimer & comment rulesSo if he does not trust one of the sides in the dispute, isn't that more than enough grounds to legally call into question his imparciality and set up a legal process against the entire process that just ended?
Jun 19th, 2014 - 02:34 am - Link - Report abuse 0News Flash Troll, Nobody, and i do mean nobody trusts Argentina, or the Government of Argentina, or anything about Argentina where money is invovled.
Jun 19th, 2014 - 02:54 am - Link - Report abuse 0Besides, he had to sit there and listen to the testimonies, listen to the rethoric from CFK, One-Eye and Co for years. Listen to all the promises of never yielding to Vulture Funds etc etc.
I would sooner trust the devil than anyone from the Argentine Government.
I am sure many would.
Nostrils
Jun 19th, 2014 - 04:34 am - Link - Report abuse 0I
M
P
L
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Look up the definition before continuing to make a fool of yourself.
Looks like Argies will reissue the restricted who cares what the judge thinks.
Jun 19th, 2014 - 05:14 am - Link - Report abuse 0How about law abiding world financial institutions who wish to continue trading in the US, for starters.
Jun 19th, 2014 - 05:25 am - Link - Report abuse 0Maybe, just maybe? they care about what a US judge thinks, now there's a novel thought.
The American jurist Griesa knows exactly what, and who he is dealing with. He allowed Argentina to prove him wrong, and not surprisingly they just proved him right. Stall.
Jun 19th, 2014 - 06:47 am - Link - Report abuse 0The request for clarification of the leaked memo outlining no compliance by Argentina was never provided. But it speaks volumes as to the Argentine government willfully denying the court ruling. A continued stall.
Meet to discuss options in New York ? Smoke screen. Stall.
Allow Supreme Court to decide ? Smoke screen. Stall.
Revert decision to Argentine courts ? Smoke screen. Stall for 10 more years.
There is no payment intention to any of the bondholders. The attitude has always been Thank you for bailing us out when we defaulted and desperately needed financial help. Now go get lost. We never intended on re-paying you.
The serious mistake for Argentina was in defying this court order of the US. The long arm of the US has the time and the reach to find anyone, anywhere in the world.
CFK and her financial guru Elvis can run, but they can't hide. That includes their ill-gotten and what they think are their hidden assets.
Apparently they found a court where the judge tired of the kirchner's thumbing their nose at the law. Buying justice does not work everywhere titti boi tobi. Did you make the protest last night for Campagnoli tobi? Oh no. You never leave Mendoza......buying bonds for Mendoza now that the governor cancelled foreign bonds being issued and trying to sell bonds locally?
Jun 19th, 2014 - 09:49 am - Link - Report abuse 0A very wise man, it seems, is Judge Griesa.
Jun 19th, 2014 - 10:00 am - Link - Report abuse 0Who on earth WOULD trust Cristina?
Jun 19th, 2014 - 10:16 am - Link - Report abuse 0Enough said.
@1 As suggested at 2, NOBODY trusts argieland about ANYTHING. Time to take over argieland, imprison the argie government, find all the assets and distribute the value of those assets to those who are owed. Take the time to locate all the crims and stick them in labour camps.
Jun 19th, 2014 - 10:48 am - Link - Report abuse 0@4 Your grandma will. No more money for her. The old witch! Teach her to profit from other peoples' misery. No more payments for 20 years while argieland coughs up US$1.33 billion plus interest for at least 9 years.
Toby, Like the idiots running your country you have no idea how the civilized world works.
Jun 19th, 2014 - 11:20 am - Link - Report abuse 0I said yesterday, the old hag and the elvis wannabe should learn to keep their big mouths shut. They must love to hear themselves talk bs.
Griesa will allow NML to craft a deal with no wiggle room and immediate payment so the scumbag scofflaw Rgs can't get out of it.
My guess is BEFORE signing they'll have to escrow the amount in NY.
This is all turning out as well as I could have expected it.
It is fun to watch.
Who would be stupid enough to give the dagos tick in the first place.
Jun 19th, 2014 - 11:51 am - Link - Report abuse 0he did not trust the Argentine leader
Jun 19th, 2014 - 12:26 pm - Link - Report abuse 0[ COBBLERS ]
According to CFK , argentines bloggers , and all the rats in the gutter,
Argentina as the support of the world,
So who is lying, An honest judged,
or a corrupt plastic woman..
We will side with the judge..lol
13.
Jun 19th, 2014 - 01:15 pm - Link - Report abuse 0According to CFK , argentines bloggers , and all the rats in the gutter,
Argentina as the support of the world
Whatever this b*tch and those bloggers (paid for by the political mafia apparatus) say is just bs.
The word on the street is that we are going down. Not even Argentines (at least half of us I dare to say) trust Argentina.
Sadly, we will have to live through another crisis and suffer the consequences of populism once again.
However, I really hope this time the lesson is finally learnt and this political model is debunked forever.
Hopefully.
Sorry lads, Argentina is winning.
Jun 19th, 2014 - 01:15 pm - Link - Report abuse 0Yes, it's true that CFK and her flying monkeys have failed repeatedly in their tactics, but they have succeeded extremely well in delaying the repayments.
That was, and always has been their goal to avoid paying their debts.
She'll appeal the evil vulture fund conflict to Obama, to the EU....
In the meantime she'll create smoke about those nasty Uruguayans and Falkland pirates...
Until she leaves the presidency, I'll bet she doesn't pay a single dollar back to the funds.
Hey Chicureo, hope your are doing fine.
Jun 19th, 2014 - 01:25 pm - Link - Report abuse 0Yes, they have had success in buying time, but I things might be different this time. Mountains of sh1t are ready to fall on Cretina & friends.
If she tries to leave before that happens, we should tie her down until her mandate finishes so she suffers for her arrogance and disdain to common sense and responsibility. (Kind of a ludovico treatment, force her eyes open so she will have no way of evading the view of what she has caused)
Then incarcerate her as any common criminal out there.
“US Judge Tomas Griesa said on Wednesday that the televised speech delivered by President Cristina Fernández on Monday after the US Supreme Court declined to hear an appeal by Argentina in its battle against the holdouts was “a problem” for negotiations and implied he did not trust the Argentine leader.”
Jun 19th, 2014 - 01:29 pm - Link - Report abuse 0I LOVE this judge. What a pity he has to deal with scum like the argie “government”.
And if “british bummer” or any other idiot in The Dark Country thinks they are going to circumvent this man they are going to be sorely disavowed of that thought pretty damn soon.
I think they are making the childish mistake a of comparing him with their own judges. Big, big, big mistake!
Jun 19th, 2014 - 02:00 pm - Link - Report abuse 0Mess with this judge and he will hold them in contempt before they can say Vulture funds.
THE SOLUTION COULD BE EASY !!!
Jun 19th, 2014 - 03:26 pm - Link - Report abuse 0The “RUFO” clause (Rights Upon Future Offers) expires as of December 2014. That means, that from 01/01/2015 Argentina can make a better offer to the Holdouts, than it made in 2005 and 2010.
Argentina and the holdouts make NOW A BINDING AGREEMENT with respect to the “time after” (end of the “Rights Upon Future Offers (RUFO) clause in December 2014), seizure risks and a technical Default would be immediately averted. Argentina could immediately return to the capital market and thus Argentina could refinance the payments to the holdouts, without using reserves.
Following conditions might be acceptable for the Holdouts and maybe also for Argentina:
Argentina makes a buyback offer of about 130-140% for the
holdouts ( for owing capital+ accrued interest between 2002-2015).
(Argentina owes to today about 230%, a cash buyback of 130-140% would so mean for Argentina already a debt relief of about 100%)
19.
Jun 19th, 2014 - 03:43 pm - Link - Report abuse 0Yes, but I doubt these clowns will step down from their political stand.
Even if this govt decided to finally drop its perverse politics, I doubt they are technically able to figure things out in a positive way.
Since 2005 we've lost many chances to settle this because of the Ks arrogance. That's it, plain and simple stoopidity, delusions of grandeur, etc ...
“Hold out” for rumors of anticipated elections .....
Jun 19th, 2014 - 03:57 pm - Link - Report abuse 0https://twitter.com/CayetanoAsis/status/479380470506225664
That's the way to go Cristinita.....open your mouth and put your foot in it....
Jun 19th, 2014 - 04:44 pm - Link - Report abuse 0You are only reaping what you sewed...
There are three options for CFK:
Jun 19th, 2014 - 05:13 pm - Link - Report abuse 0a) Default then negotiate with the holdouts blaming the opposition for forcing her to negotiate. She can also use the vultures as a scapegoat when she cuts down subsidies to reduce spending. It's odd that they didn't do this already, maybe they were waiting for the trial?
b) Resign and do early elections, though its legality is dubious it is better than having Boudou in charge.
c) Be an idiot and ruin the country
I'm betting on c)
We will see, I hope you ar wrong, I think its not in her DNA to surrender or give in. Default or pay is both political defeats. By early resignation she can keep hold of what little political capital she and kirchnerism have left and present themselves in 2015.
Jun 19th, 2014 - 05:22 pm - Link - Report abuse 0Either way she is completaly phucked
Or they could attempt an auto-coup ...
Jun 19th, 2014 - 05:32 pm - Link - Report abuse 0Sorry I meant 2019...
Jun 19th, 2014 - 05:41 pm - Link - Report abuse 025. And how would that work out exactly??
13, you may well be right,
Jun 19th, 2014 - 05:47 pm - Link - Report abuse 0when the ordinary Argentinians get rid of CFK,
they may well have a rosy future,
As long as the evil witch is running things,, no chance.
Briton as long as there are Peronistas all will remain. I was thinking after a new government is in place maybe they will start indicting kichner and her croonies. No one here believes that as long as Peronists are in power. The corruption is way too deep rooted. The judge.....Campagnoli tried and he is out. The majority that support kirchnet is too poor, too ill educated and more than anything do not care as long as they get their slice. It has become much worse here in the last 18 months.
Jun 19th, 2014 - 10:36 pm - Link - Report abuse 0So it seems then , they are destined to self implode.
Jun 20th, 2014 - 05:56 pm - Link - Report abuse 0Commenting for this story is now closed.
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