Kicillof Pays To 92% Of Bondholders, Griesa's Move Now?

[dennisr]

What now coach? Think Argentina snookered Griesa and Singer. Contempt of Court Order, ha ha, a joke.

http://m.cronista.com/Mobile/nota.html?URI=/contenidos/2014/06/27/noticia_0075.html

 

[Rich One]

Dont cry for me ........

Clarin (miente) reports that millions were made by insider traders, due to the government changes in position generating huge swings in the local bond markets in the last week...!

http://www.clarin.com/opinion/Gobierno-juega-fuego-borde-default_0_1164483640.html

Google Translation.​

The dual 180-degrees and twice in a week - also opened the door from the Economy Ministry to hefty financial business Argentine bonds.

Among the bankers holding that confidential information abrupt turns Kicillof was used by investors to make financial profits in these succulent financial heated days. The decisions generated ups and downs in the securities that were used by investment funds with fluid contacts with the Ministry. These operations also would have benefited from investment banks, which appeared after alleged saviors bringing proposals to Government.

The situation would have produced shorts with Juan Carlos Fabrega, who criticized internally transmission of confidential information, which is then allowed bankers and financiers to increase their profits.

El doble giro de 180 grados –en dos oportunidades y en una semana – abrió también la puerta desde el Palacio de Hacienda a jugosos negocios financieros con bonos argentinos.
Entre los banqueros se sostiene que la información confidencial sobre los abruptos giros de Kicillof fue utilizada por inversores para hacer suculentas utilidades financieras en estas acaloradas jornadas financieras. Las decisiones generaron subas y bajas en los títulos que fueron aprovechadas por fondos de inversión con fluidos contactos con el Palacio de Hacienda. También de esas operaciones habrían sacado provecho bancos de inversión, que después aparecieron llevando supuestas propuestas salvadoras al Gobierno.
La situación habría generado cortocircuitos con Juan Carlos Fábrega, quien censuró internamente la transmisión de información confidencial, que después permitió que banqueros y financistas aumenten sus utilidades.

 

[French jurist]

http://blogs.ft.com/beyond-brics/2014/03/04/guest-post-argentina-and-detroit-different-zip-codes/

 

[dennisr]

Remind me to not underestimate Argentina:
http://www.ifre.com/argentina-sparks-new-cds-controversy/21152985.article

 

[gusgutier]

.

[background=rgb(252, 252, 252)]paid 300 millions more but I don't know where, if anyone knows[/background]

This money pays bondholders in Franckfurt, Tokyo, etc. So, if Griesa takes the payment, only U S. bondholders won´t be paid. That´s interesting too. It´ll became a battle between americans and americans that don´t pay taxes in Cayman Island

 

[Rich One]

duplicate

 

[Rich One]

Huge profits were made this week by inside traders that had access to government decisions that oscillated 180 degrees this past week . The Bond and stock markets lost and gained over 10 % in one day!!

See Clarin today..


The dual 180-degrees and twice in a week - also opened the door from the Economy Ministry to hefty financial business Argentine bonds.

Among the bankers holding that confidential information abrupt turns Kicillof was used by investors to make financial profits in these succulent financial heated days. The decisions generated ups and downs in the securities that were used by investment funds with fluid contacts with the Ministry. These operations also would have benefited from investment banks, which appeared after alleged saviors bringing proposals to Government.

The situation would have produced shorts with Juan Carlos Fabrega, who criticized internally transmission of confidential information, which is then allowed bankers and financiers to increase their profits.

 

[French jurist]

And Griesa is angry that his holidays have been interrupted (for the 3rd time).

https://twitter.com/...544691280617472

That's the Twitter account of the Bloomberg Bureau Chief in Argentina.
https://twitter.com/DanCancel

Griesa became suddenly more flexible... he he

 

[ajoknoblauch]

Remind me to not underestimate Argentina:
http://www.ifre.com/...1152985.article

Argentines (or at least their governments) appreciate impunity.

 

[MDZ]

The US actually never agreed to sign the Kyoto protocol in the first place.

The Clinton-Gore administration negotiated the Kyoto Protocol and signed on November 12, 1998.