Comment on The Judge In The Argentina Vs. Hedge Funds Case Just Exposed A Big Weakness

The Judge In The Argentina Vs. Hedge Funds Case Just Exposed A Big Weakness

When Judge Thomas Griesa called Argentina and its lawyers into a special hearing today, the word was that he would likely find the country in contempt of Court. But he didn't, and it's not hard to understand why. If Griesa ruled that Argentina was in contempt and fined the country, Argentina would likely just ignore the whole thing or say the ruling was unfair.

 

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