Aurelius Capital Management has shot down speculation that the hedge fund was fielding a viable private-sector proposal for selling its untendered Argentine sovereign debt in a bid to shorten the amount of time Argentina is in default. Read full article
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I guess the hedge funds need to figure out that their bonds are worth only what someone is willing to pay for them. Considerably less than what they think obviously!Aug 01st, 2014 - 05:10 pm - Link - Report abuse 0
@1Aug 01st, 2014 - 06:16 pm - Link - Report abuse 0
I would say that the hedge funds know exactly what the bonds are worth and will accept nothing less
But, but, but ... the Argentine government claims that all the countries in the world support Argentina. Why don't all these supporters cough up with a few dollars each and pay the holdouts? I mean, what is support without support?Aug 01st, 2014 - 07:02 pm - Link - Report abuse 0
Lip service is one thing, doing something positive is another. Comon , seriously can you honestly see these corrupt countries in Latam helping LOLAug 01st, 2014 - 09:34 pm - Link - Report abuse 0