IKN

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.”

and

“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. 

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.