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

Comments (5)
Greenspan2 wrote:

Why should these “hold-outs” deserve more consideration than those who paid much more by having a financial implosion forced upon them by the same type of corrupt, vulture capitalists? These investors are lucky to get anything at all, which is much more than what countless others have been left with after having had everything stolen from them. Do the courts really want to push their luck? Even holiday shopping won’t be able to conceal this further injustice.

Nov 23, 2012 8:31pm EST  --  Report as abuse
Greenspan2 wrote:

Why should these “hold-outs” deserve more consideration than those who paid much more by having a financial implosion forced upon them by the same type of corrupt, vulture capitalists? These investors are lucky to get anything at all, which is much more than what countless others have been left with after having had everything stolen from them. Do the courts really want to push their luck? Even holiday shopping won’t be able to conceal this further injustice.

Nov 23, 2012 8:31pm EST  --  Report as abuse
Greenspan2 wrote:

Why should these “hold-outs” deserve more consideration than those who paid much more by having a financial implosion forced upon them by the same type of corrupt, vulture capitalists? These investors are lucky to get anything at all, which is much more than what countless others have been left with after having had everything stolen from them. Do the courts really want to push their luck? Even holiday shopping won’t be able to conceal this further injustice.

Nov 23, 2012 8:31pm EST  --  Report as abuse
BioStudies wrote:

The real injustice here, Greenspan2, is the Argentinian governments refusal to follow international law.

My favorite line of this article.

“That could exacerbate a sharp economic slowdown, but the impact would be less serious than in 2002 due to the country’s relative isolation from global financial markets.” -Relative isolation because they are afraid of getting nailed for the laws they already broke! bahahaha

Nov 23, 2012 11:53pm EST  --  Report as abuse

The Greeks, Spanish, Italians and Irish are gleefully watching the machinations with a view to exercising similar legal twists and again, instantly and without further pain, becoming the economic powerhouses they recently were.
The rest of Euroland, including the UK, and ultimately also America, will revert to extra QE while Russia, India, China, Saudi Arabia and even Israel then watch their reserves shrink like an exposed penis in an Alberta winter blizzard.
There, that made better sense than international financial legal jargon, and also crystal ball’s the outcome.

Nov 24, 2012 1:39am EST  --  Report as abuse
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