“K” economist claims holdout hedge funds are after Argentina’s shale resources

Thursday, July 17th 2014 - 05:39 UTC

Full article 7 comments

The holdout speculative funds or “vulture funds” are going after Argentina’s resource-rich Vaca Muerta region and are seeking to threaten the government with a “technical default” scenario, economist Agustín D’Atellis. Read full article

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willi1
Yes! bancrupt crooks cannot invest. this is an old truth and very fresh in this time.
Jul 17th, 2014 - 08:33 am - Link - Report abuse 0
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Rufus
I think that after seeing Repsol getting stung it'd be very unlikely that the holdouts are after anything that isn't sufficiently portable to be gotten out of Argentina in a hurry.
Jul 17th, 2014 - 10:14 am - Link - Report abuse 0
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ChrisR
Never going to happen, this “heterodox” (aka stupid bastards) argie economist [oxymoron] is just stirring it up again.

Singer isn't stupid.
Jul 17th, 2014 - 11:13 am - Link - Report abuse 0
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yankeeboy
I think harassing and threatening Chevron is a good a good start. Dry up the only foreign capital in their o/g exploration.

The sting will come when they pay for then lose LNG shipments. Like everything they wait until they are completely out before they order. If they lost one it would most likely collapse Buenos Aires in the winter.

I will laugh and laugh
Jul 17th, 2014 - 12:06 pm - Link - Report abuse 0
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Monkeymagic
Vaca Muerta in Patagonia. Wasn't this land usurped by Argentine “pirates” in the 1880s in a blatant act of 19th century colonialism. Didn't they massacre the indigenous population and eliminate their authorities and replace it with an “implanted population”.

I would suggest that this should be taken to the C24 and Anus-sore and be bought up with every irrelevant foreign government.

Clearly no development of Vaca Muerta should take place until this heinous colonialism is resolved.
Jul 17th, 2014 - 07:28 pm - Link - Report abuse 0
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BOTINHO
This fellow looking like a light bulb, is as dim as they come.

The holdouts just want to get paid. So does the group that took a haircut from Casa Rosada. How many years ago was that again ?

Vaca Muerta ? Really unknown, and undeveloped. “ Vast shale reserves ? ” HA ! Not much there other than empty promises, and hot air.
Jul 18th, 2014 - 07:57 am - Link - Report abuse 0
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Leiard
If it was really the case, they should be grateful that at least someone is interested Vaca Muerta.
Jul 18th, 2014 - 04:04 pm - Link - Report abuse 0
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