Judgement Left Intact: Vulture Funds

Going to be interesting to see how it plays out. Think AR has 25 days to ask the Supreme Court to reconsider which will buy AR some time. Make every effort to settle this thing without a technical default and move on.
 
dennisr said:
Going to be interesting to see how it plays out. Think AR has 25 days to ask the Supreme Court to reconsider which will buy AR some time. Make every effort to settle this thing without a technical default and move on.
Click to expand...

Yes they will but the holdouts have just been given on hell of a negotiating position.
 
I guess the chances that the Supreme Court will reconsider its decision are close to 0, so that path basically means just a few days more until the result is "final". The problem with settling is as Philip mentioned: the holdouts are now on top of the negotiation and they won't accept any result which would be ok for Argentina.
 
PhilipDT said:
Dollar blue is poorly informed wildly speculative market. It doesn't react this quickly but if as rich posted, CCL is up, then the blue will follow.
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At last glance, the blue rate has risen slightly.
 
She's a good girl...loves her mama.....

2psmyar.png
 
thorsten said:
I guess the chances that the Supreme Court will reconsider its decision are close to 0, so that path basically means just a few days more until the result is "final". The problem with settling is as Philip mentioned: the holdouts are now on top of the negotiation and they won't accept any result which would be ok for Argentina.
Click to expand...

The chances that the Court will reconsider are

http://www.youtube.com/watch?v=MHQK3yo9CBA
 
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