Comments on: Why Argentina’s talking again A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: Myles SG Tue, 22 Sep 2009 15:36:52 +0000 It just looks like to me the Argentines are a bunch of neighbourhood thugs who are looking for trouble.

Kick them out of the G20. Kick them out of the credit markets. In fact, kick the entire Latin American lot out of the credit markets.

Let them learn their lesson first.

By: otto Tue, 22 Sep 2009 14:06:40 +0000 wrong on many counts

By: jck Tue, 22 Sep 2009 11:35:43 +0000 the deal looks good (politically) on the surface for Argentina as no cash payment is involved and in fact cash is coming in (to pay the warrants coupons?) at a price of 13%+, but it’s a stretch to claim the holdouts’ strategy didn’t work.
they are getting 4 extra years of accrued + all the coupons from the warrants plus (not mentioned anywhere) Argentina will need to increase the warrant money pool (capped) by $4 or 5 billion USD. All in all, the market may reopen for Argentina, but with the peso at 3.83 vs USD, their debt ratios are worse than pre-devaluation, so don’t bet on it.
next episode: IMF bailout ;_)

By: k Tue, 22 Sep 2009 10:41:28 +0000 The Holdouts strategy is working vewry well so far!
Argentina is desperate, au contraire of this bunch of latino puppets said argentina is OUT of international financial markets, the last round of financing was years ago by venezuela, a pair of bilions at more 15% of interest rate! It says all!
Argentina will be expelled by G20, IMF has a lot of problems to cope and there is absolutely NO interest for argentina.
… please don’t miss that 180000 italian pensioners are acting legally against argentina before ICSID for about 5000 M $!

Stay tuned puppet

By: titt Mon, 21 Sep 2009 21:43:14 +0000 Just one quicky. Who paid your salary to write this nonsense????