Argentina Can Make Its Problems The Snake’s Problems
From Dealbreaker
November 26, 2012 - 3:28pm
Oh Argentina. Still a mess! Basically all the bad things happened on Wednesday: Judge Griesa ruled that (1) Argentina really can’t pay holders of its exchange bonds without also paying off Elliott Associates on its old, unhaircut, defaulted bonds, and (2) neither can anyone else, including such luminaries as Bank of New York (the indenture…
Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: Argentina, Cede & Co., DTCC, Elliott Associates, sovereign debt
November 26, 2012 - 3:28pm
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