with good capon lined

Argentina: You know the World Cup’s over when…

…the headline is cabinet chief Jorge Capitanich saying:

“Argentina is not in default and cannot be in default because Argentina pays [its dues and] regularly complies with its obligations.”


“NML, the vulture fund, brought a lawsuit for a bond it purchased in 2008 and the judge (Thomas Griesa) has awarded it a profit of 1,608%. None of these vulture funds has invested a penny in Argentina, on the contrary they acquired (bonds) at a derisory price. They are authentically shameless.”

Anyway, next supposed deadline on the bonds saga is July 31st. 

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