Singer mining Nevada for Argentine gold
Hedge-fund mogul Paul Singer is looking to strike gold in Nevada — Argentina gold. The billionaire investor will sift through the financial records of 123 Nevada shell companies tied to...
View ArticleArgentina tweets hate on US Judge Griesa
Manhattan federal judge Thomas Griesa — arguably the most hated man in Argentina right now — is adding to his list of detractors. Griesa’s unorthodox order in the debt dispute...
View ArticleCitibank could lose Argentina banking license
If the banking giant obeys a US judge’s order, it risks losing its banking license in Argentina — and the $2 billion it has in local deposits. But if it...
View ArticleSinger’s Argentine money trail leads to Madison Avenue
He’s ba-aack! Billionaire Paul Singer’s treasure hunt for Argentine assets will lead to a slew of fresh subpoenas this week, including one to a company located on Manhattan’s Madison Avenue,...
View ArticleRelatives of Pope Francis killed in car crash
Three relatives of Pope Francis were killed and a fourth was in critical condition Tuesday when their car crashed into a truck on a provincial highway in Argentina. The pope’s...
View ArticleArgentina’s Kirchner sets debt plan to sidestep US court order
Argentine President Cristina Kirchner said on Tuesday her government will move to service its defaulted debt in the nation or allow bondholders to swap their bonds for new bonds governed...
View ArticleArgentina ‘outlaws’ look to trump US ‘vultures’
Advantage, Argentina. President Cristina Kirchner appears to have gained the upper hand in her long-running dispute with billionaire Paul Singer by moving late Tuesday to swap the country’s US bonds...
View ArticleNew Argentina advance illegal, rules Griesa
The move by leaders of a “lawless” Argentina to avoid paying a group of US hedge funds $1.65 billion on defaulted debt was dealt a blow on Thursday when the...
View ArticleSinger hires Albright’s firm to help him in Argentina
Paul Singer has picked up some major political muscle to press his case in the long-running debt battle with Argentina. The billionaire hedge-fund mogul has hired the consulting firm of...
View ArticleArgentina revokes charter for Bank of New York Mellon
Argentina’s banking regulator has revoked the charter for Bank of New York Mellon to operate in the country. The decision, formalized by the Central Bank resolution was signed Monday by...
View ArticleHedgie Kyle Bass crying as Singer, Argy dispute deepens
Lesson for Paul Singer: Never come between another hedge-fund manager and his money. Kyle Bass, the outspoken founder of Hayman Capital, is one of the heavies on the other side...
View ArticleGroup hopes to avert Argentina default disasters
The call for sovereign default reform is taking a big step. The International Capital Market Association, an influential group of 400 banks and investors, will call Friday for reforms aimed...
View ArticleBoNY still holding on to $539M in Argentine bond payments
Bank of New York Mellon, whose Argentine banking license was yanked earlier this week, is still holding onto the $539 million in Argentine bond payments that a US court won’t...
View ArticleArgentina president uses ‘villian’ Paul Singer
Argentina, the drama queen of South American nations, led by President Cristina Kirchner, the drama queen of world leaders, has had a heck of a run the past few months,...
View ArticleSinger’s bid for Citigroup to reveal any Argentinian threats fails
Paul Singer’s effort to get Citigroup to reveal any secret threats from Argentina fell on deaf ears in federal court Wednesday. Citigroup is appealing a July order by Manhattan Federal...
View ArticleArgentina to US: Stop using the ‘D’ word
Argentina’s debt drama could turn into a full-fledged diplomatic fiasco with the US. Foreign minister Hector Timerman warned he would take “severe measures” and boot American ambassador Kevin Sullivan...
View ArticleSinger fears Citibank sets a bad precedent in Argentina
Argentina has a gun to Citibank’s head, and it’s going to go off at the end of September. That’s what will happen if Citi follows a federal court order and...
View ArticleKirchner: Albright’s firm trying to undermine my government
There could be some awkward meetings in New York this week, if former US Secretary of State Madeleine Albright and Argentina President Cristina Kirchner bump into each other at the...
View ArticleGriesa to decide whether Argentina’s in contempt of court
It looks like the Manhattan judge overseeing Argentina’s long-running war with billionaire Paul Singer may finally have had his fill. Federal judge Thomas Griesa has agreed to hold a hearing...
View ArticleCiti gets OK to make Argentina bond payments
Citibank’s fears of imminent disaster in Argentina have been averted — at least until the end of December. Manhattan federal judge Thomas Griesa on Friday agreed to stay his earlier...
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