Argentine Economy

The below link points to more Kicillikof rhetoric for the masses, but also gives a good summary of the entire Argentina bond debacle.

[URL]http://finance.yahoo.com/news/argentina-says-vultures-circling-overhead-202300653.html[/URL]

Tres3.

Below are two links about CitiBank finding itself between a rock and a hard place or between Judge Griesa and the Argentina Government.

[URL]http://finance.yahoo.com/news/argentina-warns-citibank-could-lose-banking-license-204341077--finance.html[/URL]

[URL]http://www.bloomberg.com/news/articles/2015-03-12/citibank-s-request-to-process-argentine-bond-payments-denied[/URL]

Tres3.

[QUOTE=Tres3;444272]Below are two links about CitiBank finding itself between a rock and a hard place or between Judge Griesa and the Argentina Government.

[URL]http://finance.yahoo.com/news/argentina-warns-citibank-could-lose-banking-license-204341077--finance.html[/URL]

[URL]http://www.bloomberg.com/news/articles/2015-03-12/citibank-s-request-to-process-argentine-bond-payments-denied[/URL]

Tres3.[/QUOTE]I think Cristina is about to find out who has more power, her or some old misinformed judge in and why.

The below link is an article about Citigroup and their planned exit from Argentina.

[URL]http://finance.yahoo.com/news/citigroup-says-judge-allowing-two-185046411.html[/URL]

Tres3.

The doom and gloom squad are sloop 2010.

Even though the "bonds" are only 12 and 18 months, I still do not trust the Argentine government.

[URL]http://finance.yahoo.com/news/argentina-raises-5-bln-pesos-223952009.html[/URL]

Tres3.

More on the CitiBank saga.

[URL]http://www.bloomberg.com/news/articles/2015-03-28/argentina-bans-citi-from-market-operations-on-holdout-agreement?cmpid=yhoo[/URL]

Tres3.

Absolutely unbelievable, but I forgot--this is happening in Argentina on CFK's watch.

[URL]http://finance.yahoo.com/news/argentina-just-pulled-most-only-170000501.html[/URL]

Tres3.

[QUOTE=Tres3;444517]Absolutely unbelievable, but I forgot--this is happening in Argentina on CFK's watch.

[URL]http://finance.yahoo.com/news/argentina-just-pulled-most-only-170000501.html[/URL]

Tres3.[/QUOTE]Loosely speaking, Citi says its going to stop doing bond business in Argie land and Cristina turns around ans says, no, no, no, you are no longer allowed to do bond business. Vindictive witch!

Only in Argentina!

[URL]http://finance.yahoo.com/news/argentine-central-bank-send-regulators-141014077.html[/URL]

Tres3.

[QUOTE=Tres3;444535]Only in Argentina!

[URL]http://finance.yahoo.com/news/argentine-central-bank-send-regulators-141014077.html[/URL]

Tres3.[/QUOTE]Well..... They need to make it look like all of their problems (Argentina's) is some elses fault.

If foreign banks don't want to be audited they should probably stop laundering billions of dollars out of the country. I still remember the mysterious fire at Iron Mountain last year where HSBC et al " lost " all those money laundering records. Lol. How convenient.

As far as Citi is concerned. I'm sure the Central bank is just doing this to remind Citi who runs the show in Argentina. And if they want to continue to make money laundering billions out of Argentina. They better do a better job at playing ball or else Argentina won't continue to turn a blind eye to their black book dealings. Don't even see how this is even news worthy. Oh that's right. 2015 is the year. Fingers crossed.

Argentine arrogance at work.

[URL]http://finance.yahoo.com/news/looks-argentina-trying-embarrass-entire-164823581.html[/URL]

Tres3.

It looks as if the Argentine government is trying to make Citibank a distracting scapegoat for its many failures.

[URL]http://finance.yahoo.com/news/argentina-sues-citibank-over-deal-holdout-creditors-161334253--sector.html[/URL]

Tres3.

More posturing for the Argentine LIVs.

[URL]http://fusionmoney.tumblr.com/post/116004302001/ambassador-argentina-has-offers-of-funding-is[/URL]

Tres3.