Griesa orders Argentina to reinstate BoNY as trustee for bondholders' payments

Tuesday, October 7th 2014 - 00:43 UTC

Full article 30 comments

US Judge Thomas Griesa has ordered Argentina to reinstate the Bank of New York Mellon (BoNY) as trustee for bondholders payments and “reverse the steps taken” with the approval of the so-called Sovereign Payment law that replaced it with the country's Nacion Fideicomisos. Read full article

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Anglotino
Ordered!
Oct 07th, 2014 - 01:39 am - Link - Report abuse 0
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Marcos Alejandro
Mr. Judge Grasa
England is America's lap-dog not us.
Oct 07th, 2014 - 03:10 am - Link - Report abuse 0
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golfcronie
Oh diddums, did someone rock your boat. Not finished yet, just pay up and all will be forgiven but I hasten to add, not forgotten.
Oct 07th, 2014 - 07:08 am - Link - Report abuse 0
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reality check
Marcos the expat.

Go home then, no one compelling you to live here.
Oct 07th, 2014 - 07:10 am - Link - Report abuse 0
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chronic
rotting roadkill, you have no honor.
Oct 07th, 2014 - 07:50 am - Link - Report abuse 0
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Captain Poppy
RC marcos is another bold as speaking RG.......living outside of Argentina?
Oct 07th, 2014 - 09:44 am - Link - Report abuse 0
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ChrisR
Even the most feeble minds ever born would by now be thinking they had better start listening to Judge Griesa otherwise they are totally lost financially, but not the morons “ruling” TDC, oh no, they WON'T do the correct thing ever! (Stamps foot)

I think I can hear wailing coming from Casa Rosada, it's only 150 Km away.

Perhaps the wire noose is being fashioned even now. :o)
Oct 07th, 2014 - 10:05 am - Link - Report abuse 0
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chronic
rotting roadkill: Pay your debts.
Oct 07th, 2014 - 10:09 am - Link - Report abuse 0
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Anglotino
“England is America's lap-dog not us.”

Some animals aren't allowed indoors, let alone on your lap.
Oct 07th, 2014 - 10:19 am - Link - Report abuse 0
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Klingon
Shall we take bets? Griesa croaks before Argentina pays the vultures. 3 to 1 odds.
Oct 07th, 2014 - 11:48 am - Link - Report abuse 0
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yankeeboy
Klingon, That post isn't funny and it makes you look like a fool.

Whether Arg pays now or later you will pay, it will include principal, interest, penalties and legal fees. Everyday, day in and day out interest, penalties and legal fees mount up. The longer Arg refuses the more they'll owe.
The judgement isn't going anywhere.
Very soon, Arg will not have enough U$ to buy fuel.
I will be happy when you all are suffering because of your intransigence.
Maybe you'll finally learn.
Oct 07th, 2014 - 12:32 pm - Link - Report abuse 0
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Captain Poppy
You're probably right as I've always been against lifetime tenure for judges in the USA with the exception of SCOTUS and maybe they should be looked at as well.......25 years and out. But than......I hate judges and lawyers equally. There should be a mandatory retirement on judges like 75. However he still is the judge no matter how frail he is.
Oct 07th, 2014 - 01:29 pm - Link - Report abuse 0
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chronic
Even if Judge Griesa passes his judgements and orders remain. Reap it rotting roadkill.
Oct 07th, 2014 - 02:10 pm - Link - Report abuse 0
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Conqueror
@10. Bet with an argie? You MUST be joking!
@11. Surely the best thing with this is that Judge Griesa is making case law or precedent. English courts may cite judgements from countries that share the common law tradition. That includes courts in other Commonwealth countries and, to an extent, the United States. And the reverse applies.
@12. I don't see why. How long is your working life? Let's say it's 45-47 years. Why would you restrict a judge to 25 years provided he/she remains capable? That's discrimination. Have you had some 'bad' experiences with judges and lawyers? Anyway, it would be totally inappropriate to force a judge out if, like Judge Griesa, they have been 'in charge' of a case for years. The logical response would be to have the case restart from the beginning. In this particular case, can you not see that everything said and done by both parties is relevant? Things might not be given proper weight in a court record. Why do you say that Judge Griesa is frail? He seems to have got argieland's number!
@13. Quite agree. and both the full United States Court of Appeal and the United States Supreme Court found no reason to revise Griesa's ruling.
Oct 07th, 2014 - 02:21 pm - Link - Report abuse 0
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Anbar
“”“. Reap it rotting roadkill.”“”

to whom is this...an insult...?

kinda hard to tell a) who its directed at and b) what its supposed to mean.

not too mention that in many countries roadkill tends to dry out in the sun rather than rot...and “reap it desiccating roadkill” doesnt really have the right flow to it...

in fact, thinking about it, roadkill rather tends to be scavenged before it rots pretty much anywhere there's roads....

so,..hmm...yeah.. confused...

Its almost as bizarre as the 12 labors of Vladimir Putin.. (go on, google it...)
Oct 07th, 2014 - 04:57 pm - Link - Report abuse 0
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chronic
15. New to the discussion?

if vultures = hedge funds

then rotting roadkill = Argentina
Oct 07th, 2014 - 05:04 pm - Link - Report abuse 0
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Captain Poppy
So......even though Argentina moved it's payment center and changed trustee's, why is no one reporting that the bondholders are flocking to request payment? There was only one bondholder who I heard of willing to accept Argentina and that is David Martinez. Am I incorrect that no one is bitting
Oct 07th, 2014 - 06:16 pm - Link - Report abuse 0
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yankeeboy
17. Banco Nacion doesn't know how to process the payments nor to whom to make them.

If it wasn't so sad it would be funny.
Wait it is funny.
Oct 07th, 2014 - 06:35 pm - Link - Report abuse 0
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Captain Poppy
That was my point which I posted all along. They can't make any payments unless they existing trustee....aka transfer agent provides and the payees and that would be against Griesa's order. So.......how many days until the grace period ends for Default Par duex.
Oct 07th, 2014 - 07:12 pm - Link - Report abuse 0
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yankeeboy
Eom Oct.
Cross default and I am pretty sure they will trigger acceleration and it may even get some loans called.

Sweet
Oct 07th, 2014 - 07:18 pm - Link - Report abuse 0
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Captain Poppy
And them Italians seem to be kicking it a notch.
Oct 07th, 2014 - 07:49 pm - Link - Report abuse 0
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british bomber
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My grandmother has received the pars money from the depository. So the dumb yank highway robber judge wants to change back to a trustee that does not pay from one that does. No chance.

We are the 93%.
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Oct 08th, 2014 - 12:38 am - Link - Report abuse 0
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Captain Poppy
Still pulling grandma out of your ass I see. Jajajajaja. Your a Brit and USAF is and American.......on Elm Street
Oct 08th, 2014 - 12:45 am - Link - Report abuse 0
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british bomber
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at 21
Dumb yank. You are jealous because your robber barons have not been able to steal my grandmother's money. Tough luck. We are the 93%

Don't know who USAF is. Nothing to do with me. Probably you.
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Oct 08th, 2014 - 01:07 am - Link - Report abuse 0
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Captain Poppy
Jealous of an Argentine like you? Give me ebola first.
Oct 08th, 2014 - 12:47 pm - Link - Report abuse 0
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Conqueror
@22. Proof, Hepatitis? Surely you can manage to post an image of grandmommy's cheque/check!
Oct 08th, 2014 - 04:12 pm - Link - Report abuse 0
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Leiard
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at 24

Dumb Bomber

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Oct 08th, 2014 - 08:30 pm - Link - Report abuse 0
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british bomber
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at 26

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at 24

Dumb Bomber

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gpg: Signature made Wed Oct 8 09:02:15 2014 WST using RSA key ID 1FE2B330
gpg: BAD signature from “British Bomber”

You should not play with things you do not understand. Like cryptography and bonds. Dumb yank.
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Oct 09th, 2014 - 12:05 pm - Link - Report abuse 0
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Leiard
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Dumb Bomber, who would even bother to edit/change the garbage you post

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Oct 09th, 2014 - 01:29 pm - Link - Report abuse 0
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Captain Poppy
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at 22
Dumb fuck

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at 24
Dumber fucker

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gpg: Signature made Wed Oct 8 09:02:15 2014 WST using RSA key ID 1FE2B330
gpg: BAD signature from “British Bomber”
#28
You should not attempt things that are beyond your comprehension, like communicating with people who are not Argentine.
Dumbest fuckest-usted es paranoico

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Oct 09th, 2014 - 04:53 pm - Link - Report abuse 0
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british bomber
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at 29
Forget it. You are mot bright enough to pull off humour.
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Oct 09th, 2014 - 11:57 pm - Link - Report abuse 0
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