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Argentina must explain to Judge Griesa why it is not in contempt of court

Thursday, September 25th 2014 - 05:17 UTC
Full article 39 comments

New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8. Read full article

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  • golfcronie

    OOOOPS the noose is being tightened, pay up you know it makes sense, ( is there a word “ sense” in Castellano.)

    Sep 25th, 2014 - 06:47 am - Link - Report abuse 0
  • reality check

    Looks like he is getting ready to hold them in contempt.

    Sep 25th, 2014 - 07:55 am - Link - Report abuse 0
  • La Patria

    It's one thing having Singer chasing the money you owe (including the money you've stolen and laundered), it's another having the US law enforcement agencies chasing it. If Argentina are fined and do not pay, it won't be too long before some secret Kirchner US bank accounts get made public.

    Sep 25th, 2014 - 10:47 am - Link - Report abuse 0
  • Conqueror

    I don't understand why Kirchner, Kicillof and Capitanitch think they can make the statements they have without being 'in contempt'. I suppose Kirchner could claim 'exemption' as head of state, but why? She should be the first criminal. Argieland IS in contempt. It has tried to use its special position as a 'state' to evade a court order. No honest state does that. Get on with it, Judge. US$53 million in the Bank of New York Mellon. Take US$50,000 every day. Three years.

    Sep 25th, 2014 - 11:45 am - Link - Report abuse 0
  • yankeeboy

    Methinks they are going to have a very hard time explaining why they should not be held in contempt.
    I hope he gives the escrow at BONY to Singer and fines them daily.

    Sep 25th, 2014 - 12:16 pm - Link - Report abuse 0
  • Klingon

    She's in NY at the moment. Keep her there! We don't want her bank.
    Think of her as a “gift” from the Argentine people.

    Sep 25th, 2014 - 12:17 pm - Link - Report abuse 0
  • Captain Poppy

    Gee Klingon.....muchas gracias....you are so kind. Perhaps we can house her in one of our special Army garrisons somewhere around......mmmm.....let's say in Kansas! We use to refer to it as Ft. Lostinthewoods

    Sep 25th, 2014 - 12:25 pm - Link - Report abuse 0
  • ChrisR

    Like yankeeboy, I also think Griesa should give the successful complainants the money presently in BoNY Mellon and fine The Dark Country U$D 50,000 per day.

    This would mean TDC would have to put adequate money with their lawyers to pay the fine because we all know TMBOA will NEVER settle the debt as long as she is president. Failure to pay would then put TDC into deeper contempt; the usual action for which would be to jail the miscreant.

    Who (personage) would be the miscreant in a sovereign country? TMBOA, CaptainDismal, Kickitoff, Gollum or who? I suspect Griesa would have to attach sovereign diplomatic assets to expunge the contempt: wouldn’t that be fun?

    Sep 25th, 2014 - 01:17 pm - Link - Report abuse 0
  • british bomber

    -----BEGIN PGP SIGNED MESSAGE-----
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    at 5 yankee boy heptia
    The money is in Europe. Dumb yank. How do you think the robber baron yank judge is going to get his thieving hands on it.
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    Sep 25th, 2014 - 01:40 pm - Link - Report abuse 0
  • Englander

    I guess they disagree with you judgement Griesa .
    Similarly many people in the UK disagree with Barbier for legalising fraud against BP.

    Sep 25th, 2014 - 02:26 pm - Link - Report abuse 0
  • nigelpwsmith

    As Griesa knows that any contempt fine would be ignored, he would be within his rights to garnishee the deposit in BONYM and continue to do so until it is depleted.

    Then Argentina's claim that they made the payment in good faith but were blocked would be proved false, because their refusal to comply with the law caused the deletion of the deposit.

    Sep 25th, 2014 - 02:31 pm - Link - Report abuse 0
  • Hepatia

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    at 11
    So you think that the highway robber yank judge is going to apply to a European court to garnishee the money. I do not think so. Dumb yank.
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    Sep 25th, 2014 - 03:30 pm - Link - Report abuse 0
  • Captain Poppy

    Do you cmprehend how foolish and immature you sound british bomber? Of course he is a dumb yank. 8 years of collegiate education are an Ivy league school....a lifetime as a practicing lawyer than a Federal district judge in the usa COMPARED TO.....YOU? an Argentine troll who lives in Argentina, highly likely poor...never works and lives on handouts.....supporting a corrupt and idiot for a president getting rich off the stupidity and gullibility of the population. Yeah.......dumb yank alright.

    Sep 25th, 2014 - 04:09 pm - Link - Report abuse 0
  • chronic

    7. From the pink house to the gray house - sweeeeeeeeeeeet.

    Sep 25th, 2014 - 05:53 pm - Link - Report abuse 0
  • nigelpwsmith

    So foolish to reveal that you have two alias, Hepatia and british bomber.
    So foolish that you cannot even identify the nationality of 11.
    So foolish that you cannot understand that refusal to comply with the court order will destroy Argentina financially.
    So foolish that the longer you wait to pay, the more it will cost you.
    So foolish that you will eventually become a mere colony of the People's Republic of China.

    Sep 25th, 2014 - 06:27 pm - Link - Report abuse 0
  • Briton

    We want to see the Americans issue and arrest warrant for the Barbie doll,

    CFK sitting behind bars singing, don't cry of me Argentina.

    Sep 25th, 2014 - 07:00 pm - Link - Report abuse 0
  • Captain Poppy

    50k a day just might push Griesa to seize property in the USA when that fines hits a million......in 20 days if he goes with the contempt and all indications now are that is is going to.

    Sep 25th, 2014 - 07:55 pm - Link - Report abuse 0
  • Hepatiа

    Comment removed by the editor.

    Sep 25th, 2014 - 08:42 pm - Link - Report abuse 0
  • toooldtodieyoung

    .....and so, onto the end game..........

    Sep 25th, 2014 - 09:03 pm - Link - Report abuse 0
  • golfcronie

    Jesus the Argentine government are so dumb, just pay your debts and move on, or don't pay your debts and stagnate, your choice.

    Sep 25th, 2014 - 09:23 pm - Link - Report abuse 0
  • yankeeboy

    17. It would be nice if Griesa just gave Singer the total payment in escrow at BONY. I wonder why he hasn't done it yet.

    It sounds like the holdins are ready to accelerate too.

    Oh my what fun

    Sep 25th, 2014 - 10:01 pm - Link - Report abuse 0
  • golfcronie

    You Americans be very afraid the Europeans are going to give you Yanks a thrashing in the RYDER CUP.
    From an enthusiastic European golf fan.

    Sep 26th, 2014 - 12:56 am - Link - Report abuse 0
  • Troy Tempest

    9 and 12

    Hepatia and British Bomber both the same person

    LOL !!

    Idiot!!

    Sep 26th, 2014 - 03:52 am - Link - Report abuse 0
  • Hepatia

    5 and 17

    So is yankeeboy

    LOL!!

    Idiot!!

    Sep 26th, 2014 - 05:03 am - Link - Report abuse 0
  • Troy Tempest

    Childishly hopeless attempt there, Hepatia/British Bomber.

    You really are a bumbling idiot - not very good at this Troll lark, are you? :-D

    Do they still pay you, once you've been rumbled??

    LOL!!

    Sep 26th, 2014 - 06:46 am - Link - Report abuse 0
  • Captain Poppy

    #24 british bomber.....life in Argentina is really starting to suck. How long do you think you will keep posting? Or, are you posting directly from the lab?

    Sep 26th, 2014 - 09:05 am - Link - Report abuse 0
  • british bomber

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    Good news. The Wall St robber barons are now supporting CitiBank to start paying the Argieland dollar bonds. The dam is cracking. The euro bonds will be next. In more good news the yield on the already low euros has reduced. The corrupt yank judge has started backing down.

    We are the 93%.
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    Sep 26th, 2014 - 10:46 am - Link - Report abuse 0
  • Briton

    Apparently he posts just after feeding time .lol

    Sep 26th, 2014 - 11:00 am - Link - Report abuse 0
  • Captain Poppy

    #27 Hep C/BB i'd really love'd to have you on point and watch the back of your scull explode. You....are beyond an idiot.

    Sep 26th, 2014 - 11:28 am - Link - Report abuse 0
  • Doggy Rap

    @ 6 Klingon:
    “Think of her as a “gift” from the Argentine people.”

    - and we'll drop 56 kilos of bubonic plague bacteria on Buenos Aires as an equally valuable present? :-D

    Sep 26th, 2014 - 09:37 pm - Link - Report abuse 0
  • Conqueror

    @Poor little british Hepatitis. So desperate. The money, thicko, is in New York. The Bank of New York Mellon CANNOT move it. No American financial institution will touch it without the judge's permission. Making it up as you go along? Pretty argie of you!

    Sep 26th, 2014 - 09:59 pm - Link - Report abuse 0
  • british bomber

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    Now the Argie law US$ bonds are going to be paid. If not then CitiBank directors going to gaol. Just wait until a proper English judge gets hold of the English law European bonds. BNY directors need to pack their prison clothes. The dam wall is cracking. Justice over the Wall St highway robber bankers. We are the 93%.
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    Sep 27th, 2014 - 12:51 am - Link - Report abuse 0
  • Captain Poppy

    July.....no payment or jail

    August.....no payment or jail

    September.......no payment or jail

    October.........

    Sep 27th, 2014 - 02:45 pm - Link - Report abuse 0
  • nigelpwsmith

    Tick Tock, Tick Tock...

    More money paid in fines every day to fill the court's coffers...

    Now the Pope says the corrupt should be tied to a rock and thrown into the sea. Can they find a rock big enough to put round the wicked witches ankels?

    Sep 27th, 2014 - 03:37 pm - Link - Report abuse 0
  • british bomber

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    at 34 captain pop hip c
    Dumb yank. The case has just been filed. Don't you know anything. In the meantime the money is safe in Europe away from the Wall St robber baron sharks. July? My grandmother was payed. Don't you dumb highway robber yanks know anything.
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    Sep 28th, 2014 - 12:53 am - Link - Report abuse 0
  • Captain Poppy

    Go back into your hole wherever that is in Argentina.....as for your virtual granny, let's cap her skull?

    Sep 28th, 2014 - 02:46 pm - Link - Report abuse 0
  • british bomber

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    at 36 hup see captain poppy
    Ha you don't like to hear about ordinary people getting their bonds paid. Only corrupt yank robber barons. We know who pays your wage. Sucker. How is your tailer park going.

    We are the 93%.

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    Sep 29th, 2014 - 12:14 pm - Link - Report abuse 0
  • Troy Tempest

    Hi Hepatia

    Sep 29th, 2014 - 03:24 pm - Link - Report abuse 0
  • Captain Poppy

    Apparently grandma is the only one. As for the “robber baron judge”. What are you 5 years old? Please provide the link that the judge is corrupt becuase here in the USA.....while we are not void of corruption, we do investigate, arrest and prosecute crinimals where they be judges or everyday people, unlike your gubn totting motorcycle bandits. Human rights violations huh......for arresting an RG bandit?

    Here's how we handle corrupt judges:

    http://abcnews.go.com/US/wireStory/fbi-agents-invented-defendant-catch-judge-25820814

    Now show us all your link demonstrating Griesa is corrupt for enforcing US law to which he has sworn to uphold WITHOUT regard to politics.......domestically OR internationally???????

    Please...........bring the prove.......baron liar poster.....hehehehehe

    Sep 29th, 2014 - 03:24 pm - Link - Report abuse 0

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