Thread: Argentine Economy

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  1. #1446
    Quote Originally Posted by Tres3  [View Original Post]
    Absolutely unbelievable, but I forgot--this is happening in Argentina on CFK's watch.

    http://finance.yahoo.com/news/argent...170000501.html

    Tres3.
    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!

  2. #1445
    Senior Member


    Posts: 577

    Argentina just pulled the most 'only in Argentina' thing ever on Citibank Argentina

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

    http://finance.yahoo.com/news/argent...170000501.html

    Tres3.

  3. #1444
    Senior Member


    Posts: 577

    Argentina Bans Citi From Market Operations on Holdout Agreement

    More on the CitiBank saga.

    http://www.bloomberg.com/news/articl...ent?cmpid=yhoo

    Tres3.

  4. #1443
    Senior Member


    Posts: 577

    Argentina raises 5 bln pesos in local debt auction

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

    http://finance.yahoo.com/news/argent...223952009.html

    Tres3.

  5. #1442
    Senior Member


    Posts: 1657

    Its 2015 are we still at this?

    The doom and gloom squad are sloop 2010.

  6. #1441
    Senior Member


    Posts: 577

    Citigroup Says Judge Allowing Two Argentina Bond Payments

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

    http://finance.yahoo.com/news/citigr...185046411.html

    Tres3.

  7. #1440
    Quote Originally Posted by Tres3  [View Original Post]
    Below are two links about CitiBank finding itself between a rock and a hard place or between Judge Griesa and the Argentina Government.

    http://finance.yahoo.com/news/argent...--finance.html

    http://www.bloomberg.com/news/articl...ayments-denied

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

  8. #1439
    Senior Member


    Posts: 577

    "Poor" CitiBank

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

    http://finance.yahoo.com/news/argent...--finance.html

    http://www.bloomberg.com/news/articl...ayments-denied

    Tres3.

  9. #1438
    Senior Member


    Posts: 577

    Argentina says the 'vultures' circling overhead have multiplied, and they're asking for billions

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

    http://finance.yahoo.com/news/argent...202300653.html

    Tres3.

  10. The Following User Says Thank You to Tres3 For This Post:


  11. #1437
    Senior Member


    Posts: 577

    Argentina's Bonds Are Doing So Well, It Tried to Sell More

    The below link is to a long article that appeared in Bloomberg. It is somewhat difficult to understand, and you have to forgive the author for trying to be tongue in cheek with the title.

    http://www.bloombergview.com/article...ore?cmpid=yhoo

    Tres3.

  12. The Following 2 Users Say Thank You to Tres3 For This Post:


  13. #1436
    Senior Member


    Posts: 577

    The letter Wall Street sent to potential Argentina investors is hilarious

    The below link is about Argentina's bond offering that was withdrawn after only two days.

    http://finance.yahoo.com/news/letter...194600689.html

    Tres3.

  14. The Following User Says Thank You to Tres3 For This Post:


  15. #1435
    Senior Member


    Posts: 577

    Argentina's Bond Mess Gets Slightly More Complicated

    The following is a link to a Bloomberg story that appeared on Yahoo.

    http://www.bloombergview.com/article...ted?cmpid=yhoo

    Tres3.

  16. The Following User Says Thank You to Tres3 For This Post:


  17. #1434

    Joking

    Quote Originally Posted by Tres3  [View Original Post]
    Everything--After all, the bonds are being issued by the Argentinian government. If you trust the government, then I have a bridge I would like to sell you.

    Tres3.
    Tres, from the first word - The - to the last word -wrong? - it was tongue in cheek! Its Argentina of course it's going sideways! Who would want bonds under those conditions?

  18. #1433
    Senior Member


    Posts: 577

    The Hot New Threat To Argentina — 'Acceleration'

    CFK keeps digging the hole deeper and deeper. Of course, she does not care because she has already stolen a bundle.

    http://finance.yahoo.com/news/hot-th...140300855.html

    Tres3.

  19. The Following 2 Users Say Thank You to Tres3 For This Post:


  20. #1432
    Senior Member


    Posts: 577

    Everything

    Quote Originally Posted by Doppelganger  [View Original Post]
    Both the article Tres3 posted from Bloomberg and the article in the Buenos Aires Herald clearly stated:

    The bonds are to be denominated in US Dollars.
    The bonds are to be paid in Argentine Pesos at the OFFICAL EXCHANGE RATE, there was no guarantee in the Herald article on the official rate not being changed either up or down.
    The bonds are to pay a whopping 1.75%.
    The bonds will be governed by Argentine Law.
    What could possibly go wrong?
    Everything--After all, the bonds are being issued by the Argentinian government. If you trust the government, then I have a bridge I would like to sell you.

    Tres3.

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