Disir
Platinum Member
- Sep 30, 2011
- 28,003
- 9,608
- 910
The UN said countries should protect governments from minority creditors who refuse to go along with the majority in mutually agreed debt restructuring.
Argentina has been fighting US hedge funds who are demanding full payment on defaulted bonds.
The hedge funds had refused to go along with the majority of the country's creditors and accept a restructuring deal.
Argentina hails UN vote on sovereign debt restructuring - BBC News
Hedge funds: the other evil bastards.
Argentina has been fighting US hedge funds who are demanding full payment on defaulted bonds.
The hedge funds had refused to go along with the majority of the country's creditors and accept a restructuring deal.
Argentina hails UN vote on sovereign debt restructuring - BBC News
Hedge funds: the other evil bastards.
