Should Argentina Default On Its Debt?

Should Argentina Default on its Debt?

  • Yes, she should default

    Votes: 6 17.1%
  • No, she should NOT default

    Votes: 16 45.7%
  • There is a "Third Way"

    Votes: 7 20.0%
  • No Opinion

    Votes: 6 17.1%

  • Total voters
    35
Could you please tell us what is strange about judge Griesa's pari passu interpretation?

You may not like it, but then you should not sign documents, which invokes pari passu.

There's at least a second interpretation (which you knew about since your posts are clever), the French one, read the amicus Curiae http://fr.slideshare.net/lesechos2/brief-for-the-republic-of-france-as-amicus-curiae-in-support-of-the-republic-of-argentinas-petition-for-a-writ-of-certiorar

And there's even a third one I'll tell you if you ask me (and if you receive new Thanks too).

France is also the only "big" country supporting Argentina, and I like that!
 

And my question to you: what do you think of a single man's decision, with a potential effect on the lives of thousands, or maybe hundreds of thousands? (See all those suicides in Spain for instance, aweful).

This was too much for Griesa, as honorable he may be.
 
Can Arg pay to the 92% bondholders in a different country if these 92% accepts to change the rules by their own in a US court improving the original offer and be paid elsewhere?
 
Can Arg pay to the 92% bondholders in a different country if these 92% accepts to change the rules by their own in a US court improving the original offer and be paid elsewhere?

It appears that, if they attempt to do so, Judge Griesa will hold them in contempt.
 
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