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Argentina revokes BONY authorization to operate and act as trustee

Wednesday, August 27th 2014 - 06:33 UTC
Full article 12 comments

Argentina's Cabinet Chief Jorge Capitanich confirmed that the country's Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina. Read full article

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  • Biguggy

    This could start to get really dirty really fast!

    Aug 27th, 2014 - 07:11 am - Link - Report abuse 0
  • owl61

    Comment removed by the editor.

    Aug 27th, 2014 - 09:11 am - Link - Report abuse 0
  • Anglotino

    I'm guessing 'gay' is supposed to make this even more insulting.

    Yawn!

    Aug 27th, 2014 - 09:48 am - Link - Report abuse 0
  • Idlehands

    2 owl61

    You need to learn a better way to express yourself beyond a homophobic rant.

    Aug 27th, 2014 - 09:55 am - Link - Report abuse 0
  • yankeeboy

    Further proof that Argentina is a Pariah State.

    I've said for a long time, this crash will be very different and much more severe than any of the last economic crashes they've ever had. There's nobody to bail them out this time. Not the UK, Not the USA, Not IMF, Not Venezuela. Nobody cares if they fail. There will be no contagion. Maybe Brazil will have a little problem but I think their biggest problem will be what to do with the Rg disenfranchised flooding their country to beg.

    This collapse is happening quicker than I thought it would. I didn't think we'd see it start spinning out of control until next year.
    I am pleasantly surprised.

    Aug 27th, 2014 - 10:53 am - Link - Report abuse 0
  • Conqueror

    You can't stop an irrational fool being an irrational fool. Maybe, in one or two hundred years, argieland will become a country. In the meantime, every intelligent and socially-aware country should do everything possible to return argieland to the Stone Age. Then, perhaps, the world can start again. Might as well get in some practice. We'll have to do it to Russia sooner or later!

    Aug 27th, 2014 - 12:10 pm - Link - Report abuse 0
  • reality check

    Anyone reading the headlines on BA Herald.

    Man, talk about abrogating your responsibilities!

    Aug 27th, 2014 - 01:03 pm - Link - Report abuse 0
  • owl61

    @4 (and 3 to a lesser degree),
    Although it has been a long , long time since I sucked a dick I can assure you I am not homophobic. Anyone who, like me, has lived in San Francisco for 25 years would not survive if he were. On the contrary, I am very much a gender neutral, gay pride, rainbow coalition, LGBT, type of guy; however, I do regard with some suspicion the ethical backbone/character of those gays who refuse to come out of the closet. That describes Capitanich.
    Yes , his sexual preferences are are not terribly relevant. His attempts at public speaking would be just as ridiculous and often unintelligible if he were truly as macho as he would like others to think he is. The point is that he ethically challenged like the Cretina pulling his strings.

    Aug 27th, 2014 - 02:09 pm - Link - Report abuse 0
  • chronic

    And the Grand Prize Winner is:

    Mellon Bank - because they don't have to put up with this nonsense any more.

    Back to rotting roadkill's abundant ignorance and disdain for order. I've never reviewed a contract of any scope that didn't exclude compliance with law or court order from constitution of a breach. Accordingly, I serious doubt if Mellon has failed to perform under the terms of the trustee agreement.

    Cretina/Elvis/eChe/etc: Please make me and a lot of other people happy - go ahead and nationalize Citi's local operations - they've earned it by setting up shop down there.

    Aug 27th, 2014 - 03:29 pm - Link - Report abuse 0
  • Anglotino

    owl61.

    “...his sexual preferences are are not terribly relevant”

    So don't then use them to denigrate. You may be “very much a gender neutral, gay pride, rainbow coalition, LGBT, type of guy” but I am actually gay and I can tell you that you have no idea what you are talking about when you feel you can judge the “ethical backbone/character of those gays who refuse to come out of the closet”.

    Aug 28th, 2014 - 10:30 am - Link - Report abuse 0
  • owl61

    You are wrong. I didn't mean to use his gayness, per se, to denigrate. I clarified that in my subsequent post.
    One doesn't have to be gay to have an opinion re those gays who refuse to manifest gay pride or come out of the closet . That you are gay doesn't cloak you with greater insight into whether staying in the closet indicates an ethical character issue, much less to denigrate those holding an opinion contrary to yours. I remain of the opinion that a gay politician who refuses to come out of the closet manifests an ethical flaw.

    Aug 28th, 2014 - 02:51 pm - Link - Report abuse 0
  • Anglotino

    I'm awfully sorry, but being gay does give me greater insight into whether “staying in the closet indicates an ethical character issue”.

    This is not an issue you have ever had to deal with. You can only assume and attempt to understand what it is to be like to be gay and in the closet.

    I am denigrating you because you used gay as an insult. Telling someone to stick their GAY head up their GAY arse is nothing more than using gay as an insult. Now you are all over the place in an attempt to deflect from that.

    “I remain of the opinion that a gay politician who refuses to come out of the closet manifests an ethical flaw.”

    And you can keep that opinion. However you are wrong. There is no ethical flaw in being unable to overcome the issues that some people have with their sexuality. The simply fact is, their sexuality should have nothing to do with them as a politician unless they use it.

    Are you saying that Capitanich has been using sexuality to denigrate people or to bolster his own career? If not, then what right do you have to judge him on whether he himself can accept his own homosexuality (if that is indeed the case)?

    You used gay as an insult and now wish to turn this into an ethical debate on self-acceptance or exposure of sexuality. The simply fact is that gay is not an insult except to idiots. And there is no moral or ethical need for any person to come out of the closet. Indeed, not accepting your own sexuality is a personal choice that people should not be judged on.

    Discrimination and ostracism are very real for many homosexuals. You have never had to deal with the potential loss of your family, wealth or career simply because of how you were born and an assumption that you fit into a predefined ideal.

    Putting a political career before personal happiness that may come from coming out is a personal choice and is as unethical as a woman putting her career before having children.

    “...his sexual preferences are are not terribly relevant” -your own words

    Aug 29th, 2014 - 06:05 am - Link - Report abuse 0

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