Coming on the heels of Elliott Management blasting the Argentina’s government for not negotiating, the government will officially begin negotiations with the holdout creditors on July 7 in New York. Statement of Argentina’s Economy Ministry on the negotiations In a statement released on the Argentine Economy Ministry’s website, a translated copy of which was provided to ValueWalk, read: “The Ministry of Economy reports that he is has appointed a delegation to meet the aforementioned official (Daniel Pollack) on July 7. Thus, Argentina reiterates its vocation for negotiation of fair, equitable and legal conditions covering the interests of 100% of the…
Argentina To Start Negotiations July 7
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.