MercoPress. South Atlantic News Agency
Griesa authorizes Citibank to pay restructured bonds under Argentine law
New York District judge Thomas Griesa has authorized Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under Argentine law, meeting debt services that expire on December 31. Read full article
Comments
Disclaimer & comment rulesLook Argies that's the way to sort out problems by meeting them head on and dealing with them. Remember , these are bonds under Argentinian law so can be distributed to the bond holders. This will have no effect on the bonds under American law so no need to crow about it.
Nov 11th, 2014 - 08:10 am - Link - Report abuse 0Waiting to hear from “The Sistah's”, Think, CabanaBoy, and Voice...
Nov 11th, 2014 - 08:41 am - Link - Report abuse 0PMSL.....Don't want to say I told you so.....
Nov 11th, 2014 - 10:45 am - Link - Report abuse 0Nah I do....
Can't Griesa get a bike that actually pedals forward...;-)))))
...and...;-))))
and
,
,
YB 1x or 3x, I can't remember which is it....;-)))
Sistah, The ruling makes sense, Rg law bonds paid thru Citi Argentina.
Nov 11th, 2014 - 11:29 am - Link - Report abuse 0He's not back peddling. Maybe you have a problem with that since you do it all the time.
The goal posts are here, no here, no here ...see I was right...dufus don't you think we can all read the posts.
Lemme guess for a couple weeks you'll stop posting after midnight and then claim you never did...
What I like about this deal is Griesa letting everyone pile on. Next it will be the Italians.
I will laugh and laugh in Feb 2015 when this is still ongoing.
Austral Elvis will probably have even crazier rants.
Laugh and laugh.
Because right after than they're going to be on the road to expulsion from the IMF.
Then IDB, WB, IFC,
laugh and laugh
....was that it...?
Nov 11th, 2014 - 11:50 am - Link - Report abuse 0What's it like back-peddaling, embarrassing or what.....?
What are the latest mystic predictions from...“when do I ever get it right Fred”...;-)
I'm still waiting for the posts you said you'd show me where I've embarrassed myself its been over a month.
Nov 11th, 2014 - 12:27 pm - Link - Report abuse 0How come no posts after midnight...
Is it because I pointed it out?
It'll probably make you a little crazier having to restrict your online idiocy
like Toby or Stevie
I'll wait for the breakdown, they're always fun to watch
@3,5
Nov 11th, 2014 - 04:39 pm - Link - Report abuse 0Do you not comprehend my post @1? He has to release the money as they are under Argentine law, what do you not understand? Christ some people just don't get it just like ostriches.
Still waiting for the Speeding Ticket -89mph... “I've got it here, somewhere... then I'll show you, just you wait... ”
Nov 11th, 2014 - 04:56 pm - Link - Report abuse 0and wait, and wait ...
“Argentina's attorneys have asked for the “pari passu” judgment not to be applied to any further litigants, with a ruling expected later this week. The nation has already revealed that it would not begin negotiations without a commitment from other creditors to not request equal rights with the rest of the vulture funds in the case of a favorable judgment.”....
Nov 11th, 2014 - 05:19 pm - Link - Report abuse 0The application/interpretation of the pari passu clause should be res judicata as to the similarly situated by-standing holdouts. The chances of a different interpretation are between very slim and none in which case Arg has already announced it will not negotiate.
The ongoing post judgment discovery by NML/Elliot plaintiffs may very well lead to the discovery of theft of government assets by the Kirchners. That possibility combined with the 'no-negotiation with vultures' position she has painted herself into is what is causing the serious psychosomatic illnesses from which she now suffers. When she won the last election with 54% she tried to change the constitution to serve a 3rd term. Now there's a serious question of whether she will last until the end of her current term.
p.s. The personal insults traded here by some are infantile and stupid.
7
Nov 11th, 2014 - 05:25 pm - Link - Report abuse 0Yeah you don't get it....
His original ruling was no bond payments to bondholders without paying the holdouts as well....
Til someone was astute enough to remind him that his ruling is ineffective concerning payments under non US law....now he's having to relax his original ruling to allow payments.....
Embarrassing what?
Silly old duffer.....
(10) Mr. Voice...
Nov 11th, 2014 - 05:42 pm - Link - Report abuse 0Yes, but only for the third “only” time....
Did I remember to say “only”?
Looking forward to the fourth, fifth sixth, seventh, eight ninth, tenth eleventh, etc, etc, etc.... “only” time....
Chuckle chuckle...
@10. No, you don't get it. Citibank has to ask. Judge Griesa gets to say 'Yes' or 'No'. Because Citibank is governed by NY law. Get it yet? The rule of law! Judge Griesa defines 'the law'. Maybe, eventually, argieland, and YOU, will understand that Judge Griesa holds the whip hand. Take the 'action' in the English courts. If there is just one American party, the action will be lost.
Nov 11th, 2014 - 05:50 pm - Link - Report abuse 0Tee hee hee
Nov 11th, 2014 - 06:04 pm - Link - Report abuse 0@9 owlish
Nov 11th, 2014 - 06:12 pm - Link - Report abuse 0ps: piss off to the farside of piss-off town, if your condescending high-horse will take you that far...
Just joking! Let the people speak! (including you)
;-)
(9) Owl61
Nov 11th, 2014 - 07:00 pm - Link - Report abuse 0Lets start at the end of your post, where you say....:
“The personal insults traded here by some are infantile and stupid.”
I say...:
Well..... You, Sir are evidently a Brainwashed Ignorant Turnip in all things concerning Argentina...
You say...:
“Now there's a serious question of whether she will last until the end of her current term”
I say...:
O'RLY...? Serious question...? By whom...?
You say...:
“the serious psychosomatic illnesses from which she now suffers. ”
I say...:
O'RLY...? Are you her M.D...? Are you that good...? May I get an appointment...?
You say...:
“When she won the last election with 54% she tried to change the constitution to serve a 3rd term.”
I say...:
O'RLY...? When...? Where...? How...? Any LINK to that news... or do we have to take your word for it...?
You say...:
“The ongoing post judgement discovery by NML/Elliot plaintiffs may very well lead to the discovery of theft of government assets by the Kirchner's.”
I say...:
O'RLY...? It may also lead to the discovery of life in Mars...
Anybody remembers that story about the 500,000,00 U$D her husband was “supposed” to have stolen from Santa Cruz province...? FAKE!
Anybody remembers that story about the two luxury apartments in New York where her daughter used to live in luxury...? FAKE!
Anybody remembers those stories about President Cristina Kirchner's wild shopping sprees in New York...? FAKES!
If you happen to have ANY information, besides just words, contradicting ANYTHING I just typed, I would be most happy and grateful to receive it.
DO YOU...?
Latest report on Argentina to the US Congress...
Nov 11th, 2014 - 07:20 pm - Link - Report abuse 0The situation in Argentina is unlikely to get better in the near future as the social fabric of a once prosperous nation is sliced away by inept economic policies, creeping authoritarianism, corruption, and the growing stranglehold of transnational organized crime. As the scandals accumulate around the president and her ruling clique, her popularity and ability to govern are severely impaired. Until now, the president has managed to keep a thin wall between herself and her trusted officials and partners who are the subjects of indictments and ever-widening investigations. While her hold on the judiciary is not complete, she has proved adept at using the powerful state apparatus to evade a wide variety of past and current cases that likely would have toppled less brazen officials.
www.strategycenter.net/docLib/20141018_Farah_LookingGlass_1014.pdf
As far as I can determine nothing has changed.
Nov 11th, 2014 - 07:39 pm - Link - Report abuse 0The Lunatic is still obfuscating and lying.
Both voices are still looking at it through rose tinted glasses whilst making farcical comments.
Vestige has given what passes as a brain the day off, thankfully sparing us his usual drivel.
And meanwhile the juggernaut that is NY law is about to squash the argie crooks like bugs.
I shall love it when the Italians and the rest get on board with the original ‘holdouts’.
This will result in TDC and TMBOA in particular throwing their toys out of the pram, all to no avail come further on in the new year.
ah yes, congress, Americas public toilet door.
Nov 11th, 2014 - 08:02 pm - Link - Report abuse 0Krchnr sux OK / fone 4 free weed /zeplin rool
18. Sistahs out in force today!
Nov 11th, 2014 - 08:11 pm - Link - Report abuse 0is she really... well ... tell her to take care.
Nov 11th, 2014 - 08:19 pm - Link - Report abuse 0Sistahs tryin' to be funny.
Nov 11th, 2014 - 08:21 pm - Link - Report abuse 0She's not.
What is funny are the Stupid Rgs trying to keep the price of the U$ by force and threats.
Too bad they can't just arrest the market.
Bunch o' dum clucks down there
Meanwhile they are busting stockbrokers in Mendoza. ;)
Nov 11th, 2014 - 08:51 pm - Link - Report abuse 0http://www.buenosairesherald.com/article/174454/afip-launches-new-raid-against-banks-foreign-exchange-offices-stockbrokers
Stockbrokers?
Nov 11th, 2014 - 09:06 pm - Link - Report abuse 0Black Marketeers, you mean...
Finally...! Not one second too soon...!
22 Imoyaro
Nov 11th, 2014 - 09:58 pm - Link - Report abuse 0Anything to keep $$ in the country and keep control of other people's money.
23 Turnip
“Black Marketeers... ”?
Funny that the peso and US $ are bring traded at their true 'world value' on what you call the black market, instead of the artificial
Prices set by your government.
Who are the real crooks?
:-D
what a waste of time scrolling through this thread...
Nov 11th, 2014 - 10:18 pm - Link - Report abuse 0*yawn*
Rampant Drug trafficking in Argentina and they treat the U$ like its crack.
Nov 12th, 2014 - 01:53 am - Link - Report abuse 0Maybe if they concentrated that much on the drug trade there wouldn't be so much street crime.
They should get their priorities straight.
Banco Mariva, Transcambio, Banco Columbia, Banco VOII and Caja de Valores.
Nov 12th, 2014 - 12:12 pm - Link - Report abuse 0What amazing names for “black marketeers”.
J.P.Morgan Chase, Citigroup, HSBC, Royal Bank of Scotland, UBS and Bank of America.
Nov 12th, 2014 - 04:41 pm - Link - Report abuse 0What amazing names for “Black Marketeers”.
http://www.usatoday.com/story/money/business/2014/11/12/forex-investigation-settlements-announced/18885767/
@27
Nov 12th, 2014 - 06:13 pm - Link - Report abuse 0Don't worry Think doesn't get it. THE BANKS can't be Black Marketeers, they are inanimate objects but the Employees could be Black Marketeers. The banks could be seen as Black Marketing but again it is the employees that are to blame.
“”“”“J.P.Morgan Chase, Citigroup, HSBC, Royal Bank of Scotland, UBS and Bank of America.
Nov 12th, 2014 - 11:42 pm - Link - Report abuse 0What amazing names for “Black Marketeers”.”“””
Definite and very easy point for el Think-O there...
Bankers everywhere are always total bankers...
Will Argentina pay its debt? Or just wriggle and squirm in a most unbecoming manner?
Nov 13th, 2014 - 05:00 am - Link - Report abuse 0hmmmmm....
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