Judge Griesa to hear arguments from banks caught in Argentina/holdouts case

Thursday, July 17th 2014 - 06:15 UTC

Full article 6 comments

US District Judge Thomas Griesa in New York said on Wednesday that he would hear arguments on July 22 related to the banks and payment agents caught up in the Argentine sovereign debt litigation with holdout speculative funds. Read full article

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willi1
capitanich: ”Argentina pays and honors regularly and responsibly its commitments”
this would be the best joke of the world if it has not been told thousand times before and nothing happened.
Jul 17th, 2014 - 08:40 am - Link - Report abuse 0
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ChrisR
The Dark Country is rapidly descending into farce.

I cannot but smile at the stupid comments of Captaindismal: does TMBOA put him up to it?

Are there pigs flying?

Ha, ha, ha.
Jul 17th, 2014 - 11:16 am - Link - Report abuse 0
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golfcronie
You are a clever bastard aren't you Mr Singer. You have a whole country shitting themselves.
Jul 17th, 2014 - 01:23 pm - Link - Report abuse 0
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Conqueror
One of the results of lying all the time. No-one believes you. What is so difficult about understanding the court's order? Pay the holdouts AT THE SAME TIME! Why only deposit US$539 million? At least US$1.869 billion would have shown willingness, even if there was still the interest to pay. How much is the interest? It's getting more each day. Assuming a 10 year period, the interest is currently US$775,321,655.91. That's easy enough. Why keep quibbling over US$2,105,321,655.91? Supposedly, argieland has a GDP of more than US$793 billion. Even its reserves (cash in hand) are supposed to be US$29.5 billion. What else is argieland lying about? Could it be that there are no reserves? That argieland is already broke?
Jul 17th, 2014 - 02:48 pm - Link - Report abuse 0
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Z-ville
@4
Actually, Argieland IS already broke. Most of the dollar cash reserves are already spoken for or committed in some way or another.

They are acting as if they don't believe that the court and the holdouts can touch anything that they have...
Jul 18th, 2014 - 03:56 pm - Link - Report abuse 0
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british bomber
Its too late. The European bond holders are already suing BNY and Euroclear.
Jul 21st, 2014 - 05:36 am - Link - Report abuse 0
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