Countdown To Default!

[Matiasba]

499 more days to go...

I dont know when you came, but you supported like more than 11 years like this? subjected to argentine peoples will?

 

[Bajo_cero2]

He has managed to pick fights not only with the pro-CFK group, but the neo-liberal group as well as the group in the middle. One should never tell the truth.

The true? You should be a pastor...

 

[Bajo_cero2]

Little Rabbit has also read several comments by specialists in sovereign debt, and they all come to the same conslusion: Argentina is in default, whether frenchie likes it or not.

Guauuuuu, we are so impresed with you...

 

[Bajo_cero2]

Argentina did not.

Well, this is your opinión, in the best case biased, in the worst paid.

Let's remember that you making legal comments is a little too much as soon as you showed lack of undestanding of básic knowledge of law.

Argentina must not only fulfill all the conditions in their own restructuring prospects, but also Griesa's ruling, and United States Court of Appeals ruling, NML Capital, Ltd. v. Republic of Argentina:

"For the reasons stated, the judgments of the district court (1) granting summary judgment to plaintiffs on their claims for breach of the Equal Treatment Provision and (2) ordering Argentina to make “Ratable Payments” to plaintiffs concurrent with or in advance of its payments to holders of the 2005 and 2010 restructured debt are affirmed."

http://www.shearman....ision110512.pdf

Argentina did not pay and did not try to pay the holdouts.

Can we once and for all bury this and perhaps trust nasdaq???

Argentina Put Into Selective Default by Standard & Poor's
http://www.nasdaq.co...-20140730-01652

Addition:

Fitch rating agency has also downgraded Argentina's sovereign debt grade to the category of “restrictive default”, as it considered the country failed to make payment of its Discount bonds on July 30.

The agency downgraded Argentina from “CC” to “RD” and also lowered Discount bonds rating from “CCC” to “D”, arguing Argentina “has not been able to attend payment of Discount bonds and according to Fitch criteria this constitutes a non-completion.”

What's the point? Argentina is not going to trigger RUFO.

 

[ghost]

Well, this is your opinión, in the best case biased, in the worst paid.

Let's remember that you making legal comments is a little too much as soon as you showed lack of undestanding of básic knowledge of law.



What's the point? Argentina is not going to trigger RUFO.

Yes, I suppose that Germany paid off the refs in the World Cup....too. ["It's not our Fault"], the judge was paid, the game is fixed, we were ill, it's a tough world out there we couldn't get any really shitty pizza in Barzil.

 

[dennisr]

Payment to Europe. So, are they in default in Europe?
http://www.infobae.com/2014/08/01/1584820-luego-la-audiencia-el-juez-thomas-griesa-permitio-el-pago-bonistas-europeos

 

[French jurist]

Payment to Europe. So, are they in default in Europe?
http://www.infobae.c...nistas-europeos

The bonds in Japan won't be in default, the bonds in Europe won't be in default. The Pari Passu ranking will only apply for the bonds under US jurisdiction, in order for just a small group of them (the Vultures, based in the Caimans) to be paid 100% (while the same Vultures refused other US bondholders to take part in the US lawsuits).

I ROFL like a little rabbit in front of such a brilliant ruling

 

[Don Alberto]

The bonds in Japan won't be in default, the bonds in Europe won't be in default. The Pari Passu ranking will only apply for the bonds under US jurisdiction, in order for just a small group of them (the Vultures, based in the Caimans) to be paid 100% (while the same Vultures refused other US bondholders to take part in the US lawsuits).

I ROFL like a little rabbit in front of such a brilliant ruling

It is not possible to be in default at one place in the world and not in another, default is not localized.

Being in default is somewhat like being pregnant - you either are or you aren't, and it doesn't go away because you move into another room.

Miss one single payment and Argentina is in default as stipulated by the prospectus and the court ruling..

Why are you people grasping at non-existing straws?

Argentina Put Into Selective Default by Standard & Poor's - NASDAQ.com
http://www.nasdaq.co...-20140730-01652

Moody’s lowers Argentina outlook rating to negative
http://www.buenosair...ing-to-negative

Fitch rating agency has also downgraded Argentina's sovereign debt grade to the category of “restrictive default”, as it considered the country failed to make payment of its Discount bonds on July 30.

ISDA declares credit event on Argentina CDS
http://www.buenosair...n-argentina-cds

Everybody in the financial world has accepted that Argentina is in default, but you people keep saying it isn't, only because you don't want it to be.

 

[nlaruccia]

Well let's see ... you've managed to pick fights not only with the pro-CFK group on this forum, but the neo-liberal group as well as the group in the middle.

When it is everyone against you then the common denominator would be the "you" part.

If you are going to be very outspoken about your ideas try to have a thicker skin.

This is turning into the Possum thread.

 

[French jurist]

It is not possible to be in default at one place in the world and not in another, default is not localized.

Being in default is somewhat like being pregnant - you either are or you aren't, and it doesn't go away because you move into another room.

Miss one single payment and Argentina is in default as stipulated by the prospectus and the court ruling..

Why are you people grasping at non-existing straws?

Argentina Put Into Selective Default by Standard & Poor's - NASDAQ.com
http://www.nasdaq.co...-20140730-01652

Moody’s lowers Argentina outlook rating to negative
http://www.buenosair...ing-to-negative

Fitch rating agency has also downgraded Argentina's sovereign debt grade to the category of “restrictive default”, as it considered the country failed to make payment of its Discount bonds on July 30.

ISDA declares credit event on Argentina CDS
http://www.buenosair...n-argentina-cds

Everybody in the financial world has accepted that Argentina is in default, but you people keep saying it isn't, only because you don't want it to be.

It is not possible to be in default at one place in the world and not in another, default is not localized.

Being in default is somewhat like being pregnant - you either are or you aren't, and it doesn't go away because you move into another room.

Miss one single payment and Argentina is in default as stipulated by the prospectus and the court ruling..

Why are you people grasping at non-existing straws?

Argentina Put Into Selective Default by Standard & Poor's - NASDAQ.com
http://www.nasdaq.co...-20140730-01652

Moody’s lowers Argentina outlook rating to negative
http://www.buenosair...ing-to-negative

Fitch rating agency has also downgraded Argentina's sovereign debt grade to the category of “restrictive default”, as it considered the country failed to make payment of its Discount bonds on July 30.

ISDA declares credit event on Argentina CDS
http://www.buenosair...n-argentina-cds

Everybody in the financial world has accepted that Argentina is in default, but you people keep saying it isn't, only because you don't want it to be.

Little bunny likes to be bashed, you naughty little bunny