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Argentina tells bondholders to take legal action against Judge Griesa who is 'withholding funds'

Thursday, October 30th 2014 - 21:36 UTC
Full article 29 comments

Argentine Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds,” following rumors that Owl Creek Asset Management LP is discussing the formation of a group to demand immediate repayment on bonds. Read full article

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  • toooldtodieyoung

    Argentine Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds.

    It's not just KFC who likes to humiliate herself on the world stage, Capitanich is at it now!!!!

    LOLz!!!

    Oct 30th, 2014 - 09:43 pm - Link - Report abuse 0
  • chronic

    Finally got voluntarily in quotes. RUFO claim is a red herring. lol!

    Oct 30th, 2014 - 10:00 pm - Link - Report abuse 0
  • Anglotino

    British Bomber's nana can finally eat something more than Pal for dinner.

    Oct 30th, 2014 - 10:02 pm - Link - Report abuse 0
  • toooldtodieyoung

    It would seem that the worm is still wriggling, but can not get off it's hook

    Oct 30th, 2014 - 10:12 pm - Link - Report abuse 0
  • yankeeboy

    The Ks are terminally stupid.

    Idiocracy.

    Oct 30th, 2014 - 10:36 pm - Link - Report abuse 0
  • ilsen

    More deflection, shit-stirring and evasion from the Argentine Government.

    They have no concept of responsibility and are setting a very bad example to the youngsters.
    I hope they get their come-uppance.

    Oct 30th, 2014 - 10:38 pm - Link - Report abuse 0
  • chronic

    Cretina, rotting roadkill and the rotting roadkillians have @ 5 hours to slip the hangman's noose on this little $14,000,000,000.00 US treat. woooooo-hooooo!

    Oct 30th, 2014 - 10:50 pm - Link - Report abuse 0
  • Captain Poppy

    Ok. Now I may be an American but I am no lawyer. Can someone tell me where you go to sue a US Federal judge? Lololololol

    They also have no concept of US law that they agreed to abide by. Then again they also agreed to pay back all that they borrowed........

    Oct 30th, 2014 - 10:52 pm - Link - Report abuse 0
  • ilsen

    What a horror story!

    Oct 30th, 2014 - 11:00 pm - Link - Report abuse 0
  • chronic

    Some of the bondholders previously filed amicus briefs in some of the other pleadings seeking the release of funds. So, in effect, what Jorge is proposing has already been done and as the record indicates - failed. This is strictly for local consumption.

    Jorge: Your Gringo Amigos salute you for your effort at SPIN!
    SALUTE!

    Oct 30th, 2014 - 11:03 pm - Link - Report abuse 0
  • yankeeboy

    The Chinese gave them a couple weeks of cash flow today.
    Curious it happened today and tomorrow they are in Cross Default.
    I hope they're not expecting any more xfers

    Such losers.

    Oct 30th, 2014 - 11:17 pm - Link - Report abuse 0
  • Nostrum of NostrolL

    SURPRISE!

    I'm going on a surprise vacation... !!!!!!

    See ya all in 7 days!

    Oct 31st, 2014 - 01:14 am - Link - Report abuse 0
  • Anglotino

    Cross default?

    What's that?

    Oct 31st, 2014 - 01:31 am - Link - Report abuse 0
  • Troy Tempest

    “Cross Default”

    That's what you get when you have an Argentine Pope.

    Oct 31st, 2014 - 03:36 am - Link - Report abuse 0
  • Anglotino

    BAHAHAHAHAHAHA

    The mood on this website already seems lighter for some reason.

    Oct 31st, 2014 - 06:40 am - Link - Report abuse 0
  • Pete Bog

    @8 Captain Poppy

    I'm still awaiting the Argentines arresting, charging and imprisoning folks connected with the Falklands oil industry, after all, they promised us they would take them to court two years ago (or was it four years ago)?

    Oct 31st, 2014 - 07:38 am - Link - Report abuse 0
  • Islander1

    Pete 16 - just what I thought as I read the article- Judge Griesa must be shaking in his boots as he rolls on the floor with laughter!
    Does everyone in the Argentine Govt insist on their new national tradition(it used to be the tango and fine wines and good beef) of foot shooting - preferable both barrels at both feet together?

    Oct 31st, 2014 - 09:17 am - Link - Report abuse 0
  • Welsh Wizard

    this coming from the coutry who stood up in a court of law and said that they would abide by whatever ruiling or decision the court came to....

    Oct 31st, 2014 - 09:43 am - Link - Report abuse 0
  • yankeeboy

    13. When another series of bonds goes into default. Like Today.

    That's why they had to get the Chinese $ yesterday. Even China won't loan to countries in default.

    Oct 31st, 2014 - 10:53 am - Link - Report abuse 0
  • ChrisR

    CaptainDismal: TMBOA must have searched far and wide to find this idiot.

    He even makes Gollum look half competent.

    I wonder if he really thinks any sensible person will take this “advice”.

    Oct 31st, 2014 - 11:02 am - Link - Report abuse 0
  • downunder

    “Argentina tells bondholders to take legal action against Judge Griesa who is 'withholding funds'

    What the 'Captain' really meant to say was:
    ”Argentina tells bondholders to go to hell!”

    Oct 31st, 2014 - 12:02 pm - Link - Report abuse 0
  • Pontefractious

    So what's happening with Citibank in Argentina ? Is the government going to arrest them and put them in jail ? (could pose a logistical problem and would certainly be a first, but this government has already filled both feet with lead projectiles - who would even notice another one ?)

    Oct 31st, 2014 - 04:29 pm - Link - Report abuse 0
  • Conqueror

    A fart from FART of FARTLAND. Maybe he'll be 'snipered' soon. NO judge, in any civilised country, can be sued. On the other hand, Capitanich can be shot. By a sniper. Who has the best snipers? UK or US? As long as the pointless content is splattered. Then Timerman. Then Kirchner. Then Kicilloff. No problems, girlies. Just wait. You're already dead. Just a matter of timing!

    Oct 31st, 2014 - 04:46 pm - Link - Report abuse 0
  • GeoffWard2

    So, let me get this right ...
    Argentina is saying “Get the money from the American judge, 'cos we won't pay it”.

    Oct 31st, 2014 - 05:38 pm - Link - Report abuse 0
  • ElaineB

    Why does CFK think Twitter is the right place to address POTUS? Daft mare.

    Has TTT got 7 days in the slammer?

    Oct 31st, 2014 - 08:34 pm - Link - Report abuse 0
  • downunder

    The more things change, the more they stay the same:
    In 1842 Argentina offered to exchange its claim to the Falklands for the annulment of the Barings debt. (A loan taken out by the Argentine government in the 1820s from Barings Bank in London, on which Argentina had suspended payment).

    In 1842 when the request was made the Baring loan was so long in arrears that with accumulated interest it was worth around 2 million pounds!http://www.falklands.gov.fk/assets/Outdated-GettingItRight.pdf

    Argentina’s offer was not accepted but the story demonstrates that Argentina has been a dead beat debtor for a long, long time!

    Nov 01st, 2014 - 10:27 am - Link - Report abuse 0
  • ilsen

    TMBOA?

    Should be updated to The Mental Clown Of Argentina perhaps?

    Nov 01st, 2014 - 11:39 am - Link - Report abuse 0
  • Pete Bog

    @23
    “Who has the best snipers?”

    The FIDF.

    Nov 02nd, 2014 - 02:28 pm - Link - Report abuse 0
  • Captain Poppy

    Top 5 are UK. 2 Canadians and 2 Americans. UK sits with the longest shot around 2700 yds

    Nov 03rd, 2014 - 12:03 am - Link - Report abuse 0

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