Argentina Lobbies U.S. State Department As Judge Rules ContemptMark Melin
U.S. Federal Judge Thomas Griesa yesterday took the unusual step of finding Argentina in contempt of court for defying his payment orders but fell short of becoming a creditor, holding off on specifying a fine. Judge Griesa had threatened a $50,000 fine for every day Argentina violated his orders.
Argentina's debt swap bill
Earlier this month the Argentine Congress passed a debt swap bill that allows it to pay 92 percent of the bond holders who agreed with the previous settlement through Argentine banks . . .
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 here while also supporting 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 email@example.com and we will get back to you as quick as humanly possible