Sticking to the letter of the bond now seems like bad faith the Argentina’s creditors.
Unprecedented, we know.
Choice is yours, although you won’t be getting paid either way.
That last part’s up to you, creditors.
Truly, finance’s capacity for surprise at the obvious and unearned arrogance knows no bounds.
Argentina being Argentina and Sony’s disinterest in his ideas appear to have come as genuine shocks to the hedge fund manager.
It’s not like the country has a history of them or anything.
You get some rice and you get some sugar and you get some discounted bus tickets and I maybe get a few more of your votes?
It almost seems like Christine Lagarde & co. don’t know what they’re doing.
But it’s gonna try, anyway.
Mauricio Macri is apparently content with one term as president.
The global financial elite has joined the campaign to reelect Cristina Kirchner.
Paul Singer would be happy to take it off your hands for a few cents on the dollar, though.
The mere thought of the former Argentine president has investors running for the hills.
So let’s buy some 100-year-bonds from the formerly uniquely recalcitrant debtor.
That sound you hear is Paul Singer's mouth watering.
And wondering what the hell is taking so long.
Pacem fundum hedgum