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Griesa prepared to drop injunction if Argentine congress repeals 'lock law'

Saturday, February 20th 2016 - 06:41 UTC
Full article 15 comments

The judge presiding over a long-running battle between Argentina and a group of New York hedge funds said on Friday that he would lift an injunction that had locked Argentina out of international markets, if certain conditions are met. Read full article

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  • Moderator

    End of the line for Singer ???? Let's hope so.

    Feb 20th, 2016 - 11:38 am - Link - Report abuse 0
  • Skip

    The right move.

    Now we'll see how long it takes to finish this whole sorry mess.

    But closer than when CFK was screeching incessantly about it.

    Feb 20th, 2016 - 01:01 pm - Link - Report abuse 0
  • Captain Poppy

    Wheres Singer's trolls now? Some have a hard time understanding Macri is not Kirchner........even Stiuso returned from hiding.

    Feb 20th, 2016 - 01:56 pm - Link - Report abuse 0
  • Moderator

    Here's what Bloomberg reports :

    http://www.bloomberg.com/news/articles/2016-02-19/argentina-bonds-judge-says-he-will-lift-injunctions-on-debt-iku9ykz3

    Feb 20th, 2016 - 05:00 pm - Link - Report abuse 0
  • T_Paine

    Griesa is merely trying to move this along.

    Its not near over yet.

    Feb 20th, 2016 - 05:16 pm - Link - Report abuse 0
  • HughJuanCoeurs

    I went to my bank manager the other day and told him that I won't pay back the money I borrowed from the bank unless it was a smaller amount and at a preferential rate. Can anyone guess what his answer was?

    Feb 20th, 2016 - 07:34 pm - Link - Report abuse 0
  • Captain Poppy

    Maybe you shouldn't borrow yhen, either way, who cares? But seeing that you did and probably invested in Argentina........I have a friend selling some Greek bonds at a steep discount.....interested?

    Bahahahahaha.

    Feb 20th, 2016 - 07:58 pm - Link - Report abuse 0
  • Klingon

    Where's all Singer's ball lickers now??
    Like I said Gresia wants this behind him before he dies.
    This highlights what a greedy unscrupulous POS Singer is.
    He is making his money back many times over and is still a prick right to the end.
    Hopefully Singer goes tits up before he gets paid.
    I read the full ruling and Gresia shows Macri in high regard and slams Kristina.
    He also made some shots at the hold outs for being so stubborn.

    Feb 20th, 2016 - 10:27 pm - Link - Report abuse 0
  • golfcronie

    @8
    You know who is going to win don't you? Singer. He can wait and get paid what HE considers acceptable. Argentina can't wait too long as they are still in default and who would lend them the money they want? We are not talking paltry sums, Argentina needs US$ billions.

    Feb 21st, 2016 - 11:34 am - Link - Report abuse 0
  • T_Paine

    8. It is sad the greaseball Argentines still think they deserve not to honor contracts.

    It is no wonder they've had 75 years of negative growth.

    Feb 21st, 2016 - 12:44 pm - Link - Report abuse 0
  • ChrisR

    Balls in Macri's court now!

    He had better not drop it.

    Feb 22nd, 2016 - 12:31 pm - Link - Report abuse 0
  • Captain Poppy

    Anyone with an objective POV has to admit that Macri is doing one hell of of job trying to reverse the shitstorm that Kirchnerites and Peronists created. He can change a lot of laws and move forward. The real challenge will be the mindset of 1/2 the lazy assed population. If can can ever clean up and raze 31, that will have the biggest impact of drugs and organized crime. But, I don't see that happening any time soon.

    Feb 22nd, 2016 - 02:18 pm - Link - Report abuse 0
  • ChrisR

    @ 12 Captain Poppy

    A fuel / air bomb would do it with predictable blast radius and no nuclear fallout.

    Shit removal with the push of a button!

    Feb 22nd, 2016 - 05:29 pm - Link - Report abuse 0
  • Captain Poppy

    Thermobarics......or a daisy cutter will work. But in all seriousness, area 31 a more than an eyesore. Every time I fly internally when I am there you pass it going to Newbery airport. It's not only a shithole, it's a drug haven and major crime zone. To see the electrical wires strewn all over the roads and walks from stealing and tapping into to grid, it's a disaster waiting to happen. I don't think Macri will touch that in his first term, if he does, he will really impress me.

    Feb 22nd, 2016 - 07:29 pm - Link - Report abuse 0
  • chronic

    Clueless rgs and rg sycophants are blissfully unaware of the plaintiffs pending Second Circuit appeal of any potential vacation of the pari par su order.

    Macaroni is simply extending their failure.

    lol.

    Feb 23rd, 2016 - 05:39 pm - Link - Report abuse 0

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