Debt Settlement Bada Bing

[Pensador]

http://www.afr.com/news/world/argentina-reaches-settlement-in-us-debt-class-action-20160216-gmw1f0

 

[Redbeanz]

Hallestinkinluia!

 

[Pensador]

Ah I think about this who was the real vulture picking the meat off a dead carcass and why was she holding out? Hmmmm

 

[joeschmoe1920]

Paul Singer's fund is not participating, so this isn't over yet.

 

[r2d2]

Paul Singer's fund is not participating, so this isn't over yet.

Surprised? No.

 

[Noesdeayer]

Paul Singer is probably trying the same strategy the did with Peru in 1995.
when he was successful thru comtinuing litigation to win payment in full.
See VULTURE FUNDS/WORLD FORUM for ALTERNATES
Elliot Associates in Peru
Hey,it worked in Peru in '95.Why not Argentina in 2016?

 

[joeschmoe1920]

If you're keeping score, Singer and others are now closer to a deal. www.wsj.com/articles/argentina-hedge-funds-move-closer-to-reaching-deal-1456346428