Argentina's options shrink after U.S. debt ruling

Comments (1)
RafaelMtz wrote:

The Edge Founds are really stupid. Argentina will never pay. The consequences of follow Griesa sentence are much worst than simply do not pay. A child can understand it. If Argentina pays, any holder of restructured bonds will request the same treatment, and this may cause a real default. Therefore, Elliot Management Corp’s, NML Capital Ltd, Aurelius Capital Management et al are going to lose money. They did a bad bet. It is not a question of Ms Kirchner ruling, it is a question of very simple logic!

Nov 23, 2012 3:59pm EST  --  Report as abuse
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