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Argentina lashes Griesa for not making a final decision on the Citibank dispute

Saturday, September 27th 2014 - 09:24 UTC
Full article 57 comments

Argentina's Economy minister Axel Kicillof lashed out at US Judge Thomas Griesa after he authorized Citibank a one-off payment of Argentine bonds' coupon next Tuesday saying he once again failed to address the heart of the issue and also in fact recognized that bonds under Argentine law do not belong to his jurisdiction. Read full article

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  • ChrisR

    IT'S ALL GRIESA'S FAULT!

    Yeah, of course it is Kickitoff.

    I thought Griesa bent over backwards to reach this decision: he should have just told them to obey the ruling or pay U$D 50K PER DAY in contempt.

    The Dark Country, the rogue nation of the World: what an accolade.

    Sep 27th, 2014 - 12:50 pm - Link - Report abuse 0
  • reality check

    If he's pissed off now, wait until he does make the ruling.

    Sep 27th, 2014 - 12:57 pm - Link - Report abuse 0
  • chronic

    The damage is already done, Elvis. You've brought rotting roadkill to the edge of despair. Soy harvests are filling burgeoning silos and prices will plummet destroying any chance at a future respite. Your oil prospects are vastly overstated. In short, your demise is gaining speed. The arbolito IS twice the blanco. You'll have to institute massive devaluations or it will be trippled before elections. Doom on you.

    Your Gringo Amigos salute you for your efforts at destroying rotting roadkill.

    Sep 27th, 2014 - 12:59 pm - Link - Report abuse 0
  • Conqueror

    Great respect and salutations to Judge Griesa. A man of considerable intelligence and justice. Let's find the way to rule argie “law” illegal. Just the wiggling of a criminal. Argieland IS criminal. Destroy it!

    Sep 27th, 2014 - 02:58 pm - Link - Report abuse 0
  • toooldtodieyoung

    Axel Kicillof is an idiot of the highest order.

    I hope that Judge Griesa does find him AND argentina in contempt of his ruling.

    I also hopes that he takes a copy of his ruling and stuffs it right up Kicillof's rusty sheriffs badge.

    Let argentina seal it's own fate by “nationalising” ( stealing ) Citibank. Oh please, let them be THAT stupid!!

    Sep 27th, 2014 - 03:09 pm - Link - Report abuse 0
  • Chicureo

    New York, WSJ Blog, 27 Sept 14
    The International Monetary Fund is resisting pressure to lend more money to Argentina

    The International Monetary Fund has said in a Friday meeting it will not lend more money to Argentina because the country is in arrears on repaying previous loans. The IMF's specialist Latin American team told the WSJ new loans were out of the question.

    “We cannot in the current situation, because Argentina runs arrears with the Fund and also other institutions like the World Bank and The Latin American Development Bank,” he said.

    The group also expressed concern about the government spending more than three quarters of tax revenues to pay the “unsustainable and unaccountable bloated budget.”

    One member of the group was quoted, “The country, to grow, needs investment. This does not happen. There is no money, there is not enough support and all the money that is generated through tax collection goes into paying the wages,” he said.

    Sep 27th, 2014 - 03:57 pm - Link - Report abuse 0
  • yankeeboy

    6. Argentina will not pass the IMF review in Feb 2015. They're not going to get a dime out of anyone any time soon.
    I am pretty sure they'll be on the road to expulsion by Summer.

    Sep 27th, 2014 - 04:08 pm - Link - Report abuse 0
  • reality check

    They don't think so, that's why they behave like they do.

    Sep 27th, 2014 - 04:20 pm - Link - Report abuse 0
  • BOTINHO

    “ Judge Griesa, you didn't rule the way we wanted you to. You are therefore wrong.”

    Axel the Ass, in contempt. Imagine such lunacy on the UN Security council.

    Sep 27th, 2014 - 04:23 pm - Link - Report abuse 0
  • Think

    (6) Chicureo

    You may fool them gullible naive Yanks....
    But never an Argie.... (Te falta calle milico, te falta ;-)

    http://www.bbc.com/news/business-29387821
    The International Monetary Fund is resisting pressure to lend more money to Zimbabwe

    The International Monetary Fund has said in a Friday meeting it will not lend more money to Zimbabwe because the country is in arrears on repaying previous loans. The IMF's specialist African team told the WSJ new loans were out of the question.

    “We cannot in the current situation, because Zimbabwe runs arrears with the Fund and also other institutions like the World Bank and The African Development Bank,” he said.

    The group also expressed concern about the government spending more than three quarters of tax revenues to pay the “unsustainable and unaccountable bloated budget.”

    One member of the group was quoted, “The Country, to grow, needs investment. This does not happen. There is no money, there is not enough support and all the money that is generated through tax collection goes into paying the wages,” he said.

    Sep 27th, 2014 - 04:28 pm - Link - Report abuse 0
  • yankeeboy

    I think its funny the way the Rgs spit sputter wail and shake their fists. It must be so hard for them since they always get their way in their own country they just don't know how to act appropriately when they are out of it.
    Austral Elvis isn't fit to run a hot dog stand with only 1 employee.

    Any bets on when we'll see 20/1?
    Or the next official devaluation?
    I can't imagine what they are waiting on..
    :)

    Sep 27th, 2014 - 04:50 pm - Link - Report abuse 0
  • Chicureo

    #10 THINK

    Although both governments have similarities... I'm shocked, truly shocked that the WSJ would confuse Zimbabwe with Argentina... They are at the opposite ends of the alphabet...

    Sep 27th, 2014 - 04:54 pm - Link - Report abuse 0
  • Think

    Milico ladino ;-)

    Sep 27th, 2014 - 05:13 pm - Link - Report abuse 0
  • ilsen

    Argentina always takes the attitude that it can pick and choose on which laws are applicable, and when. They think they are being clever.
    They're not.
    Any outside observer can simply weigh up the facts. It is outstandingly clear that the current administration is in the process of driving the bus off a cliff.
    Not clever.

    Sep 27th, 2014 - 05:22 pm - Link - Report abuse 0
  • Think

    Anglos always takes the attitude that they can pick and choose on which laws are applicable, and when. They think they are being clever. 
    They're not. 
    Any outside observer can simply weigh up the facts. It is outstandingly clear that the current Anglosphere is in the process of driving the bus off a cliff. 
    Not clever.

    Sep 27th, 2014 - 05:45 pm - Link - Report abuse 0
  • reality check

    Polly want a turnip?

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

    Turnip want a Polly?

    Sep 27th, 2014 - 06:09 pm - Link - Report abuse 0
  • ilsen

    Pathetic and facile. Oxygen thief Think. The article isn't about 'anglos'. Idiota.

    Sep 27th, 2014 - 06:09 pm - Link - Report abuse 0
  • yankeeboy

    Think is humiliated and defeated.
    I couldn't be happier.

    Sep 27th, 2014 - 06:22 pm - Link - Report abuse 0
  • Think

    Turnip at (18)
    Wrong....
    This article is precisely about Anglos .... and about their haughty “Herrschaft und Knechtschaft” attitude over the rest of humanity.......
    An attitude you sir, are a perfect example of.....

    Sep 27th, 2014 - 07:20 pm - Link - Report abuse 0
  • Troy Tempest

    20 Thirnip

    Your childish response is an example of the attitude of those trying to duck responsibility for their actions by claiming to be outside of the law.

    Creep

    Sep 27th, 2014 - 07:34 pm - Link - Report abuse 0
  • Think

    Geeeeeeeeeee.........

    Troy Tempest, an Anglo Puppet hero from a sixties Supermarionation children TV series... is telling us that Hegel's Master/Slave dialectic is childish...

    Chuckle chuckle...

    Sep 27th, 2014 - 08:12 pm - Link - Report abuse 0
  • Chicureo

    Actually reading the latest news from New York, Think may be having the last laugh...

    Since I've already been outed as an unreliable news source, I'll let you all read it for yourselves...

    Sep 27th, 2014 - 08:13 pm - Link - Report abuse 0
  • yankeeboy

    23. That would be a first. His track record is batting 1000 at being wrong about everything.

    16/1
    The only way is Up baby
    :)

    Sep 27th, 2014 - 10:02 pm - Link - Report abuse 0
  • ilsen

    @20
    Your response proves clearly as to why you are not worthy of a reply. Previous posters have shown this.
    Think. An attention seeking whore.
    Boring.
    Any one want to talk about the article?

    Sep 27th, 2014 - 11:53 pm - Link - Report abuse 0
  • Troy Tempest

    @22 Thirnip

    Geeee.....

    at least my user name doesn't reek of the snottiness and intellectual pretention of a misogynistic outdated ideologue reduced to irrelevant jealous sniping.

    Sep 28th, 2014 - 12:53 am - Link - Report abuse 0
  • Conqueror

    @25. Oh no. Let's talk about Twinky. Should we comment on an argie 'patriot' residing anywhere but in argieland. Last time I recall he was living off the state in Denmark. He uses the language of “the master race”. I wonder why when we 'Anglos' have beaten them twice. Perhaps it's something to do with the number of nazi war criminals that fled to argieland. Why would nazis flee to argieland? Similar mindset? The nazis were pretty anti-Anglo. And argieland wouldn't be Aryan. Would it be untermenschen? Twinky uses “Herrschaft und Knechtschaft”. “Herrschaft” is, of course a sociological term (Max Weber) and refers to “Authority”. “Knechtschaft” means “bondage”. The Germans have always liked bondage. Usually women dominating men. Strange that Twinky knows about that. I had to look it up. The end of WW2 saw some realities. After years of 'neutrality' and brown-nosing Hitler, argieland decided it was on the allied (Anglo) side. In Germany, they submitted to “Authority”. Anglo authority. And so we can see the basis of the psychosis. The EVIDENCE shows that 'Anglos' are properly dominant. But we listen to others and try to achieve fairness. That's responsibility. Then there's the second class, like the Germans. It's all about power. Take away the power and they have nothing. Suddenly they become submissive. Then there are the lower classes. They'd like to dominate but they can't because they're cowards. They can't be fully submissive because their psychosis gets in the way. They think they're better than they are. But, every way they turn, the truly powerful are already there. In 1982, it took Britain 54 days to defeat argieland. Had they not been lucky enough to destroy the bulk of our helicopters, it might have been 34 days or less. And so Twinky is revealed for what he is. Impotent and outmatched. He may even be physically impotent. Reliant on charity. Isn't that like argieland? “Lend us money, but don't ask for it back”. It's all pretension. No substance. Just lies!

    Sep 28th, 2014 - 10:23 am - Link - Report abuse 0
  • Voice

    26
    ...“irrelevant jealous sniping.”
    ..is your usual MO...
    Mr Think is also correct ....your user name is that of a puppet, a super puppet no less...
    ...and was aptly chosen...because that is what you are...

    PMSL over how conveniently Anglotino posted his email address..saving you from having to do it, after my post TO YOU on the other thread....
    ......ever get the impression that perhaps I manipulate to see a specific expected result....;-))))
    ....don't ever bother trying to play chess.....
    27
    Wow...is that you Mr Think...in your Conquerer disguise.....;-)

    Sep 28th, 2014 - 11:17 am - Link - Report abuse 0
  • Think

    (28) Voice
    How did you guess?
    :-)))

    Sep 28th, 2014 - 11:33 am - Link - Report abuse 0
  • yankeeboy

    Since BCRA is no longer paying for imports, or letting companies use the fake Peso rate, companies are having to use the real rate 16/1 to buy their imported components, they are now threatening CFK that if the gov't doesn't make up the HUGE difference in rate with a subsidy that they will pass on their loss to the consumer.
    Either way a HUGE wave of inflation is coming.
    The “glory” days of 2 digit inflation is coming to and end.
    Hyperinflation next
    then Depression
    Won decade
    snicker

    Sep 28th, 2014 - 12:08 pm - Link - Report abuse 0
  • Troy Tempest

    Let me repeat what I said @26

    “at least my user name doesn't reek of the snottiness and intellectual pretention of a misogynistic outdated ideologue reduced to irrelevant jealous sniping.”

    The Troll(s) seemed to have missed the key phrase, “ outdated ideologue”, or shied away from addressing it.

    Likewise, the “pretentious” name he has given himself.

    Now the pantomime horse claims to play chess - after being 'rooked' on his first move.

    Amusing that the Voice of the horse is consistently talking out of the wrong end with lame statements to save face.

    My turn to laugh, Dobbin the Ideologue.

    Sep 28th, 2014 - 01:55 pm - Link - Report abuse 0
  • Think

    Geeeeeee......

    Troy Tempest, an Anglo Puppet hero from a sixties Supermarionation children TV series... is now telling us that “To Think” is both snotty and pretentious...

    Chuckle chuckle...

    Sep 28th, 2014 - 03:27 pm - Link - Report abuse 0
  • Voice

    Whatever next...
    I guess it will be both snotty and pretentious to have A Voice.....

    Sep 28th, 2014 - 03:57 pm - Link - Report abuse 0
  • Troy Tempest

    Thx Dobbin, straight from the horse's 'mouth' - a Voice from a 60's ideologue.

    http://politicsfromthemiddle.com/2014/08/21/ideologues/

    Sep 28th, 2014 - 04:25 pm - Link - Report abuse 0
  • Think

    (33) Voice

    :-)

    Sep 28th, 2014 - 05:13 pm - Link - Report abuse 0
  • Troy Tempest

    20 Think

    ”urnip at (18)
    Wrong....
    This article is precisely about Anglos .... and about their haughty “Herrschaft und Knechtschaft” attitude over the rest of humanity.......
    An attitude you sir, are a perfect example of.....”

    We've digressed.

    From childish responses from Think denying responsibility to childish insults when he can't answer.

    Always the same

    Sep 28th, 2014 - 05:37 pm - Link - Report abuse 0
  • Voice

    ...doh!...like Dobbin isn't a childish insult...;-)

    Sep 28th, 2014 - 06:13 pm - Link - Report abuse 0
  • yankeeboy

    What I miss the most is Think's insistence that the Ks were right and good for the country.
    The best he's seen in a century.
    blah blah
    I haven't heard it in a while.
    and I need a laugh.

    Sep 28th, 2014 - 06:18 pm - Link - Report abuse 0
  • Troy Tempest

    37 Dobbin

    well, if you must play those silly games, we'll just have to come down to your level, or not bother.

    You wouldn't like that though. Good reason not to cater to you.

    Sep 28th, 2014 - 07:07 pm - Link - Report abuse 0
  • toooldtodieyoung

    Remind me again...... When is that “contempt of court” hearing?

    Maybe Axel Kicillof will forget who he is talking too.....

    Either way Judge Griesa should tell this jumped up, smarmy little accountant, who the boss is.

    Sep 28th, 2014 - 07:31 pm - Link - Report abuse 0
  • Brit Bob

    CFK's war against the world

    http://factcheckargentina.org/

    Sep 28th, 2014 - 07:52 pm - Link - Report abuse 0
  • Hincha

    As somebody that was present in court during the emergency hearing requested by Citibank; Friday, October 26, with all due respect; I don't think the author of this article understood Judge Griesa decision. The important issue that was debated in this hearing, is that there is NO proof yet, that the Argentina bonds issued under Argentina Law, are all “domestic bonds”. It appears, that in the arguments put forward by the plaintiffs (the so call vultures) lawyers during the hearing on Friday, that indeed many of this bonds were “foreign debt”. Meaning
    were offer and bought outside Argentina. If this is the case (and of course has to be proven in court) this bonds then are covered by his “passu ruling”.
    Therefore judge Griesa, ordered the lawyers for both Argentina and plaintiffs to returned to his court in 30 days (the time he is allow for discovery) and present
    convincing proof that that some or perhaps many of this Argentina bonds can be considered “foreign debt”.

    Sep 28th, 2014 - 09:06 pm - Link - Report abuse 0
  • yankeeboy

    http://www.urgente24.com/231213-las-10-fotos-que-nadie-muestra-del-viaje-de-cristina

    For the Love of Christina

    Sep 28th, 2014 - 10:24 pm - Link - Report abuse 0
  • Falkland Islands

    When will Argentina grow up! they spend their time fighting with the rest of the world, the world will get fed up, you will get a good slapping.

    Sep 28th, 2014 - 10:54 pm - Link - Report abuse 0
  • yankeeboy

    44. Actually what's happening now is akin to being put to bed with no dinner.
    :)

    Sep 28th, 2014 - 10:56 pm - Link - Report abuse 0
  • Nostrum of NostrolL

    @44

    We are quivering in dread! Some of us are suffering micturition incontinence! Yet others are aswoon!

    hahahaaha.

    Sep 29th, 2014 - 12:04 am - Link - Report abuse 0
  • Anglotino

    So according to an Argentinean:

    Argentineans are quivering with dread. Or scared sh!tless.
    Some are incontinent. Or pissing themselves.
    Others are swooning. Or in danger of falling down.

    Out of the mouth of babes.

    Sep 29th, 2014 - 12:16 am - Link - Report abuse 0
  • Klingon

    Keep these posts coming for Pagotroll he gets paid double (8pesos) for each post on the weekend.

    You guys are making Nostrills the colostimy bag rich at the moment!

    Sep 29th, 2014 - 12:22 am - Link - Report abuse 0
  • yankeeboy

    And its only been 2 months since default.
    Just wait.
    It will be fun to watch
    From afar

    Sep 29th, 2014 - 12:22 am - Link - Report abuse 0
  • Nostrum of NostrolL

    @47

    Not.

    Sep 29th, 2014 - 12:57 am - Link - Report abuse 0
  • Anglotino

    Then stop lying Nostrils. You stated these 'facts' before me.

    Just using your own logic!

    Sep 29th, 2014 - 03:53 am - Link - Report abuse 0
  • yankeeboy

    There's an article in LaNacion today about SME owners having to sell their places in PDE to pay their salaries in Argentina. At up to a 50% loss since there are no buyers.
    This is how it works, time and again, crash after crash, the middle class gets destroyed again and forever. They are forced to liquidate everything to survive and don't live long enough to re-accumulate it so they can invest again.
    Every cycle, year in and year out Rgs get poorer and dumber.
    Every generation poorer and dumber than the one before.
    When will they learn?

    Sep 29th, 2014 - 11:05 am - Link - Report abuse 0
  • reality check

    Timerman is warning the US government of the “consequences” if Griesa rules them in contempt. The idiot is saying they as a state is responsible for the rulings of its judiciary.

    He has obviously never heard of the separation of powers. Knobkead.

    The US state department must quaking in their boots, not with fear, but with laughter!!

    Sep 29th, 2014 - 05:49 pm - Link - Report abuse 0
  • yankeeboy

    Mr Potatohead said due to the laws of Canada, UN and UK...que?
    Someone might want to get him a map.
    And the USA doesn't recognize International Law

    and our FISA law Argentina could not be held in contempt.

    Psst you waived sovereign immunity idiot.

    Gads that guy is an idiot.
    I don't know of any other nation that has such dumb people speaking for it. Er, take that back Venezuela and North Korea do.

    Tick Tock almost 4 o'clock

    Sep 29th, 2014 - 07:00 pm - Link - Report abuse 0
  • reality check

    They are in contempt.

    So much for the threats.

    Sep 29th, 2014 - 08:29 pm - Link - Report abuse 0
  • yankeeboy

    Its because their NPD and Delusions of Grandeur don't let them heed the advice they are given.

    Not a smart people

    Sep 29th, 2014 - 08:46 pm - Link - Report abuse 0
  • ilsen

    I tried looking on a map for Argentina.
    Wasn't there anymore.
    So I tried a calendar.
    There it was.
    About halfway between 1945 and 1978.

    *I thank you... and Goodnight, you've been a great audience, Mwhaaa. ..*

    Sep 29th, 2014 - 09:00 pm - Link - Report abuse 0

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