Secondary Ruling Against Argentina Has Intimidating BiteMark Melin
The headline ruling in yesterday’s battle between Argentina and what are known as the “hold out hedge funds” was that Argentina cannot compensate those who agreed to a settlement without compensating holdouts as well. In regards to this, the deep pocketed holdouts are likely waiting by their phones for Argentina’s President Cristina Kirchner to make the first move in this chess game.
But it was the second ruling that likely might . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up below and support quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible - we love (all our but in particular our) paying readers