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Pollack says Argentina, hold-outs and legal representatives will meet on Friday

Friday, July 11th 2014 - 06:14 UTC
Full article 24 comments

Special master Daniel Pollack revealed on Thursday he has been talking with holdout funds and Argentine lawyers “on a daily basis”, one day before an Economy Ministry committee travels to New York to meet the mediator in the funds/Argentina litigation case for the second time. Read full article

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  • Chicureo

    This is a perfect scenario for my dear Andean brothers to stall, cry, plead, delay, whine and stamp their feet. They will not negotiate as much as simply complain.

    You know what? It seems to be successful.

    For Sunday, I'm rooting for Germany, my son for Argentina... Probably he'll win the bet. (6 bottles of Don Melchor 1993 from a charity auction, that the looser has to pay the winning bid.)

    Jul 11th, 2014 - 06:30 am - Link - Report abuse 0
  • Be serious

    If the final is anything like Holland v Argentina then I think you will find many more converts to Rugby Union. The biting wasn't so bad but the diving, cheating and betting irregularities reveal footy to be a game in decline.

    Jul 11th, 2014 - 06:50 am - Link - Report abuse 0
  • ElaineB

    @2 'betting irregularities' I am sure it crossed the minds of many people when Brazil rolled over like that but, on reflection, I doubt it about the Brazilian team. Did you hear that at half-time the German team made a pact not to humiliate the Brazilians anymore in the second half? It could have been worse.

    NML Capital should run some counter-ads showing Elvis lookie-likies with the caption “Where's Axel?”. Why can't he face them like a man? Is he worried he might cry again?

    Jul 11th, 2014 - 07:45 am - Link - Report abuse 0
  • Briton

    Bla bla bla..

    Jul 11th, 2014 - 09:23 am - Link - Report abuse 0
  • yankeeboy

    I could not imagine running my life of business with such brinkmanship as the Ks. They seem to want to take this though to the very last day.
    I am not really sure where they are going either.
    That's probably because they don't know either.
    They're trying to get Griesa to add words to the judgement so that it shields them from RUFO. I doubt he'll do that. Also the judgement says pay a specific amount in cash, I think if they negotiate it, the new terms are clearly a “voluntary” payment.
    They can't have it both ways.
    I think Elvis Austral didn't go because the “negotiations” will turn out to be a failure and then he can say it wasn't him.

    Jul 11th, 2014 - 10:00 am - Link - Report abuse 0
  • Briton

    It should have said..
    Bla bla bla,
    This fiasco will go on and on and on,

    Her promises are just a delaying tactics…

    .

    Jul 11th, 2014 - 10:11 am - Link - Report abuse 0
  • hurricane

    It's all just a show. They will never make a deal and are just setting the stage to default and blame every one else. They can't negotiate because Christina has opened her mouth too many times against ever negotiating and is not about to stick her foot in it now. They know that even if they did make a deal, that it will be years before anyone will loan Argentina a dime. Default will happen.

    Jul 11th, 2014 - 01:13 pm - Link - Report abuse 0
  • The_TroLLing_Stone

    No one in Argentina cares about the protocols of justice outside our borders. Ultimately they are not recognized by us which is all that matters.

    Jul 11th, 2014 - 02:36 pm - Link - Report abuse 0
  • LEPRecon

    @8 Tobias

    It's amazing how much it matters when you want to borrow money though, isn't it?

    But maybe your government should follow your goal of isolating itself completely from the world. If you want the world to leave you alone, fine, but 1st you'll have to pay ALL of your debts. Then the world will quite happily ignore Argentina for the rest of eternity.

    So it's simple, pay off your debts and never hear from the rest of the world, or continue to refuse to pay what you owe and continue to be bothered and hounded like the reprobates that you are.

    Jul 11th, 2014 - 02:47 pm - Link - Report abuse 0
  • yankeeboy

    8. If they didn't care why are they going to NYC to beg for the judgement to be re-worded?
    Just because your country is corrupt and judges are easily bought or intimidated doesn't mean its that way in the rest of the world.

    Jul 11th, 2014 - 02:51 pm - Link - Report abuse 0
  • Conqueror

    @8. Are you getting used to eating grass? That's the bottom line, boy. Wait to see how many “pals” you have when they start getting sanctioned. Your big pal, Russia, had to duck its head below the parapet. But you'll love it, won't you? Really isolated. The “victim” again! And then there's no loans for anything. No energy imports. No food imports. No equipment imports. No technology imports. And no exports. Because no-one wants anything. Daren't travel outside your borders. Aircraft, vehicles, vessels, all get seized. Bank accounts outside get frozen.

    Also, have you read this article? http://en.wikipedia.org/wiki/Sovereign_default

    There's a bit in it that says “In the most extreme cases, a creditor nation may declare war on a debtor nation for failing to pay back debt, in order to enforce creditor's rights.” Where do you think the point might be where a number of countries decide that they've had enough? Everybody's being polite and “nice” at the moment. What happens when no-one recognises you? Countries have acted like you before. Nazi Germany, Imperial Japan, Fascist Italy. Things didn't work out too well, did they?

    Jul 11th, 2014 - 03:44 pm - Link - Report abuse 0
  • Klingon

    @11 Put the crack pipe down you senile old fool.
    We still own millions of acres of farmland and the world has to eat, so there will always be countries willing to deal with Argentina.

    Jul 11th, 2014 - 03:51 pm - Link - Report abuse 0
  • golfcronie

    @12
    Christ,I cannot believe you can be so ignorant, you cannot just relie on food to get you through, you will need to feed your own before you feed the world, thats if they want to buy it. Yes they will deal with Argentina but you will be selling your soul.

    Jul 11th, 2014 - 07:04 pm - Link - Report abuse 0
  • Briton

    We thought you guys did not want anything to do with the rest of the world,

    double standards we think.

    Jul 11th, 2014 - 07:29 pm - Link - Report abuse 0
  • yankeeboy

    12. You should be very concerned that the over and mis use use of pesticides and the lack of fertilization is turning the Pampas into a desert.

    It has only gotten worse in the last couple of years since the farmers have such tight margins they are cutting back on fertilizer.

    http://www.ipsnews.net/2012/02/argentina-three-quarters-of-breadbasket-is-drylands/

    Jul 11th, 2014 - 08:48 pm - Link - Report abuse 0
  • Klingon

    I see now the Vultures are trying to block meat exports to the USA.

    How low can you get? Singer is a snakes asshole when it comes to lows!

    Jul 11th, 2014 - 09:18 pm - Link - Report abuse 0
  • The_TroLLing_Stone

    @15

    It is the height of laughter, this guy worried about the Pampas and the Great Plains are literally liquefying and poisoning and burning away.

    Jul 11th, 2014 - 09:30 pm - Link - Report abuse 0
  • yankeeboy

    Arg meat imports have been blocked for years.
    Toby, our great plains are bigger,more profitable and better managed than the farmland in your country.
    Your productivity is a fraction of ours.
    Nobody here is worried about the future viability of USA farming.

    Jul 11th, 2014 - 09:40 pm - Link - Report abuse 0
  • The_TroLLing_Stone

    @18

    You are a complete retard and your statements are lies. Your farmland has been reduced by a fourth due to drought. It will be further reduced by the poisoning and drying up of the acquifers without which the Great Plains become once again what they were originally:

    “Additionally, it has been demonstrated that while there is an abundant amount of water in the Ogallala Aquifer, it is slow to replenish itself, with most of the water in the Aquifer having been there since the last Ice Age. Some current estimates predict the usefulness of the Aquifer for agriculture to subside and be useless as soon as the early parts of the mid-21st century, leading current farmers to turn away from irrigated agriculture using the aquifer”

    http://en.wikipedia.org/wiki/Great_American_Desert

    Rain patterns are far more unpredictable in North America, which goes through periodic 500 year droughts that turn most areas west of the Mississippi into arid steppe, and the high plains into true desert.

    There's been at least 10 episodes in the last 12.000 years since the end of the ice age and it seems you have been entering one in the last 30 years.

    30 years down, 470 to go...

    Meanwhile, the Pampas always receive rain, being surrounded by wet oceans.

    Ur screwed.

    Jul 11th, 2014 - 09:57 pm - Link - Report abuse 0
  • Klingon

    The trolling stone just rolled over Ladyboy :)

    Jul 11th, 2014 - 10:08 pm - Link - Report abuse 0
  • yankeeboy

    As I said nobody here is worried.
    Maybe you should tell your farmers to fertilize soon.
    You'll be lucky if inflation doesn't destroy farming profitability next season.
    Then what?
    One hit wonder.

    Jul 12th, 2014 - 12:34 am - Link - Report abuse 0
  • Klingon

    @21 Maybe you should tell your farmers to lay off the fertilizer so the Mississippi is not so contaminated with run off.

    Got to keep Monsanto in profit don't we?

    Jul 12th, 2014 - 02:12 am - Link - Report abuse 0
  • CabezaDura2

    LOL you guys are getting it completely wrong... On the long term only US midlands (parts of Canada joining in the US?), the Pampas and France are the few places on planet earth which will be the most promising and more stable in the future.

    The only serious threat to American security is demographic challenge as Mexican and central american and Carribbean immigration is untapped, they don’t integrate properly and as the drug cartel war expanding into the US in the next 10 years from now they already have their sources from to which recruit their soldiers from.

    Jul 12th, 2014 - 02:34 am - Link - Report abuse 0
  • ChrisR

    TMBOA cannot pay, even if the wanted to: THEY HAVE NO MONEY!

    It really is as simple as that.

    Jul 12th, 2014 - 12:16 pm - Link - Report abuse 0

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