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Griesa rejects payment request from investors holding Argentine bonds in Euros

Friday, November 28th 2014 - 06:17 UTC
Full article 37 comments

US Federal judge Thomas Griesa has rejected a request by European investors seeking payment on Argentine titles currently blocked in New York, despite an ongoing parallel court battle over the issue in London. Read full article

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  • CabezaDura2

    Thats cool !!

    3 Judges: Bonadio, Griesa and another one in Nevada are the only ones with balls in 8 years that have managed to stuff it up CFK. The Argentine opposition should be hanging from a lamp post. Useless cunts

    Nov 28th, 2014 - 09:29 am - Link - Report abuse 0
  • ChrisR

    Well what a surprise: NOT!

    What'sitsface granny is going to be pissed over this.

    And fuck Soros, this looks like one “bet” he is going to come up short on: GOOD!

    Nov 28th, 2014 - 10:27 am - Link - Report abuse 0
  • chronic

    Poor Collaborator!

    ---------------------------------

    To the author: Once again you demonstrate your ignorance of the most simple aspects of law OR alternately confirm your intellectual dishonesty.

    Take your choice.

    The denomination of the bond is of no consequnce - it's the law under which it drafted, construed and enforced.

    So, are you incompetent or dishonest?

    Nov 28th, 2014 - 04:21 pm - Link - Report abuse 0
  • yankeeboy

    The sistahs are right on course to be wrong about everything every time they post.
    Im just back from one of the USAs great cities. I love it here.

    Nov 28th, 2014 - 07:46 pm - Link - Report abuse 0
  • Holdout.from.Germany

    Kicillof accused the holdouts of “not willing to negotiate, to reach a deal” and he stressed that they have refused several offers, “even one with a 300% profit margin.”

    Answer:

    Dear Mr. Kicillof ,

    I would accept the the 300% Profit. That would mean, that you repay me 300% capital + Interest. (I have bought my bonds at an average of 100%)

    Nov 28th, 2014 - 07:51 pm - Link - Report abuse 0
  • yankeeboy

    The sistahs are right on course to be wrong about everything every time they post.
    Im just back from one of the USAs great cities. I love it here.

    Nov 28th, 2014 - 07:58 pm - Link - Report abuse 0
  • Conqueror

    @5. Would you have any other names by chance? Like 'british bomber' or 'hepatitis', maybe?

    Nov 28th, 2014 - 08:55 pm - Link - Report abuse 0
  • ilsen

    The Bill still has to be paid.
    Argentina has no more excuses. They can't avoid this forever.
    The Reaper is knocking on the door...
    The Account is Due.

    Nov 29th, 2014 - 12:09 am - Link - Report abuse 0
  • yankeeboy

    I like the way Austal Elvis is leaking that they have no intention of coming to an agreement in q1 2015.
    I wonder if the holdins are really listening?
    Methinks not
    The problem with the Civilized world is they don't understand they're dealing with Insane people in Argentina. They're thinking nobody would be that stupid to do X, then they're surprised when they do.
    One of the reasons I am pretty good at figuring out where the Ks are going to go is I take what a normal person would think and take away reason and accountability. ( I stole that btw)
    :)
    So nothing from the Sistahs, funny how they never post on articles that prove their previous posts inaccurate.
    Or maybe they don't have electricity.

    Nov 29th, 2014 - 04:03 pm - Link - Report abuse 0
  • CabezaDura2

    9. But from where did you get that Chevron is leaving or will make some noise ??... Not that I dont believe they will.

    Nov 29th, 2014 - 04:15 pm - Link - Report abuse 0
  • yankeeboy

    10. Just reading between the lines of some articles over the last couple of weeks.

    Its costing be U$80+/barrel to find and they're gonna get $60 +/-, the math speaks for itself.

    Pretty soon YPF's bonds are going to be in jeopardy too.

    This is all coming together nicely.

    Nov 29th, 2014 - 04:22 pm - Link - Report abuse 0
  • CabezaDura2

    I dont know what Chevron agreed to with the Ks. As I got it they where up to having a foot on the place but not committing anything substantial in the short term.

    Mind you Galluccio said as he was appointed in 2012 that with 35 Bn USD worth of investment in VM by 2016 Argentina would recover energetic independence.
    Now they say they need 200 Bn investment over the next 10 years. They have utterly failed and lied, and the confiscation was a massive mistake

    Nov 29th, 2014 - 06:10 pm - Link - Report abuse 0
  • Hernán

    Come on Argentina, WE ARE CLOSE TO ACHIEVE THE FINISH LINE, requires less to reach December and RUFO clause expires. THIS IS NOT A MATTER OF POLITICIANS, ECONOMISTS OR THOSE OF LA CAMPORA AND CLARIN WHO FIGHT BETWEEN THEM FOR POWER, GIVING AN EXAMPLE OF STUPIDITY .

    Nov 29th, 2014 - 11:06 pm - Link - Report abuse 0
  • yankeeboy

    13. I think NML is trying to make Chevron reveal the contract. So we may know soon. I said long ago the goal was to secure the rights and slow walk development until the nutters are out of gov't. That really hasn't changed it just pushed development waaaaaay out. Nobody is going to commit large sums of cash for a loss.
    It was a very bad mistake for the gov't to take YPF the way they did. THe market cap is only 13B now it will probably be 10B next year or less. If they don't go bankrupt in the interim. They'll certainly not be able to float U$ bonds anytime in the near future.
    Fracking technology will get better quickly, but I still don't think VM will ever be a good investment. How many times has Argentina stolen it? 3? 5? I'm pretty sure we'll all be retired or dead before any substantial oil is brought out of there.
    Anyway, remember Think/Voice and some of the other Sistahs saying of course people will flock to BA to get paid their bond interest payment. Remember that?
    I do
    Remember Idiot Voice saying Griesa would for sure pay the Euro bond payment? Something about back peddling was it? Or wait was that Think?

    I feel sorry for you CD. You should move to the USA. Its only going to get much worse pretty quickly. Argentina may end up being worse than Venezuela soon.

    Nov 29th, 2014 - 11:12 pm - Link - Report abuse 0
  • CabezaDura2

    Out of curiosity. How much does it cost start up a standard small business in the USA??

    Nov 30th, 2014 - 01:45 am - Link - Report abuse 0
  • Conqueror

    @13. You are so close to being DEAD. And no-one cares. (WE ARE CLOSE TO ACHIEVE THE FINISH LINE). What fun for you!

    Nov 30th, 2014 - 04:32 pm - Link - Report abuse 0
  • yankeeboy

    15. It depends on the State you're registering in and the type of business but you can incorporate yourself for a few hundred $ and in a couple hours?
    Why?

    Nov 30th, 2014 - 04:41 pm - Link - Report abuse 0
  • Captain Poppy

    15. A few hundred dollars. Most small businesses now do LLC'S because reporting requirements are less cumbersome than incorporating with the same separation and liability issurs.

    Nov 30th, 2014 - 05:52 pm - Link - Report abuse 0
  • Giorgio C. Tsoukalos

    @16

    Oh, believe me, “others” do care. And they are watching. All you need to do is --- look UP.

    - - - -
    My wish to Santa
    https://www.youtube.com/watch?v=VKTQmZHwDY4

    Nov 30th, 2014 - 06:13 pm - Link - Report abuse 0
  • Captain Poppy

    Looks like Tobias is bringing back an old name.

    Nov 30th, 2014 - 06:34 pm - Link - Report abuse 0
  • CabezaDura2

    17. I have people to look after and things to do here. But I do often sense that i'm wasting precious time and youth here. Would like to do something on my own but I dont want to spend time and money in trial and error I dont think I can afford that.

    Dec 01st, 2014 - 02:01 am - Link - Report abuse 0
  • british bomber

    -----BEGIN PGP SIGNED MESSAGE-----
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    Again the dumb yanks are trying to impose their law in England. An English judge will fix. Expect some yank bankers to spend time in gaol. Fortunately the Argies are now paying so my grandmother is ok.
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    Dec 01st, 2014 - 03:31 am - Link - Report abuse 0
  • Captain Poppy

    bb or whatever you wish to call yourself....it is now December. You've been saying that rubbish for almost 6 months now. STFU !!!

    Dec 01st, 2014 - 10:14 am - Link - Report abuse 0
  • yankeeboy

    21 http://www.usatoday.com/story/news/world/2014/11/30/argentina-default-moving-to-united-states/18865583/

    It is easy to set up a company in the USA. It's not easy to move and a lot of Argentinians end up not being able to take our work ethic but if you want to make money and live in safety you should move here.

    Dec 01st, 2014 - 02:40 pm - Link - Report abuse 0
  • british bomber

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    at 23

    That's typical of you yank robber barons. You try to steal an old woman's money and you want everybody to shut up about it. British people will speak out. It is not rubbish. The case is going ahead. You yanks will be forced to pay your debts. My grandmother is getting updates from the solicitors. You robber baron yanks have failed.
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    Dec 01st, 2014 - 11:44 pm - Link - Report abuse 0
  • yankeeboy

    25, She's probably going to be getting updates from her Solicitors for a very long time. A UK court can't tell a US court what to do. Why can't you understand that?

    Dec 02nd, 2014 - 01:07 pm - Link - Report abuse 0
  • british bomber

    -----BEGIN PGP SIGNED MESSAGE-----
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    at 26

    The English judge will not told the stupid yank judge what to do. He will tell an English bank what to do with English bonds. Your stupid robber baron yank law is not in England. In England we have anti vulture laws. Why can't you understand that. Because you're a stupid yank thats why. With the pars my grandmother is getting paid by the Argies. She doesn't care how many solicitors letters she gets.
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    Dec 03rd, 2014 - 03:32 am - Link - Report abuse 0
  • yankeeboy

    Okay I'll bite, which “English” bank has U$ on account for bond payments from Argentina?

    Dec 03rd, 2014 - 01:29 pm - Link - Report abuse 0
  • Giorgio C. Tsoukalos

    @13

    To be honest I woke up today and said “enough” with these European Italians, Germans, Spanish, French, etc. From this point on, they are to be regarded as peddlers in the street: to be completely tuned out and breezed by when walking.

    Dec 03rd, 2014 - 03:27 pm - Link - Report abuse 0
  • Leiard

    29 Giorgio C. Tsoukalos

    We should be so lucky !

    Dec 03rd, 2014 - 03:31 pm - Link - Report abuse 0
  • Giorgio C. Tsoukalos

    @30

    No, the honor is mine. My xenophobia will be spread to others in Argentina. I would like to thank the education about foreigners I have received here, how you all are disreputable twats and jerks that have no respect for Argentines, and then expect to be somehow venerated. F-- off, now I will treat you how you have treated us here.

    Dec 03rd, 2014 - 03:44 pm - Link - Report abuse 0
  • Leiard

    @31
    Toby we know that you are trolling these pages just make yourself feel important and wanted.

    Dec 03rd, 2014 - 03:58 pm - Link - Report abuse 0
  • ilsen

    Bye bye tobi. Please keep taking your medication.
    Have a nice life, on your own.
    ------------------

    BB/Hepatia: You're not British and you don't have a granny in Hull who possesses Argentine Bonds. Why this ridiculous charade?

    Dec 03rd, 2014 - 04:28 pm - Link - Report abuse 0
  • yankeeboy

    31. Such a silly boy. Rgs love Americans, British and Europeans. If not for us you'd not have hotels, wineries, cars, most of your medications, hospital equipment, electrical equipment or dare I say any MANUFACTURING JOBS.

    Your dream of becoming North Korea is a weird fantasy that you get from being so envious.
    Sheesh you even use our language.
    Fastest way to ignore the civilized world is to speak your native language of Maid.

    Dec 03rd, 2014 - 05:48 pm - Link - Report abuse 0
  • Captain Poppy

    #29 start tuning us out be never posting here again. Otherwise........be useful and act like tiolet paper and wipe our asses........it will be the best and only job you've ever held.

    Dec 03rd, 2014 - 06:39 pm - Link - Report abuse 0
  • british bomber

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    at 28
    The next hearing is in about 2 weeks. The reason the judge did not make the order before was to give the highway robber singer 2 weeks to respond. He missed the boat so no defence. He knows about the anti vulture law. He should not have been given 2 seconds. We do not like scum like him in England. The order will be made. Gaol time for some bank directors.
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    Dec 04th, 2014 - 02:29 am - Link - Report abuse 0
  • ilsen

    So it is time to say 'Good Night Tobi', hey it was fun for a while, but unfortunately I see you were overwhelmed by logic, facts and general good sense.
    I hope you have learned a lot.
    Please try to keep up with the medication.
    Have a nice life, ciao!
    All the best
    -ilsen x

    Dec 04th, 2014 - 02:55 am - Link - Report abuse 0

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