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Vulture Hedge Funds Versus Argentina

By: killthecat in FFFT3 | Recommend this post (0)
Sat, 09 Aug 14 3:50 AM | 46 view(s)
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Msg. 01153 of 65535
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Judge Thomas Griesa and his appointed special master, Daniel Polluck, are pimps for the vultures. These vultures never lent a nickle to Argentina.

NEW YORK — A U.S. judge threatened to hold Argentina in contempt of court Friday for continuing to make "false and misleading" statements about its financial crisis, though he quickly added he most desires a peaceful negotiated end to a long-running debt dispute.

Judge Thomas Griesa urged both sides to resume negotiations with help from the special master he assigned to resolve a fight over money owed to U.S. hedge funds. No talks have occurred since Argentina failed to pay bondholders on July 30.

The judge also tried to put to rest Argentina's claim that it was not in default because it had made a required payment to bondholders on July 30 only to have the funds blocked by his orders.




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