"Grandson lost during Argentina’s ‘dirty war’ emerges" Associated Press August 09, 2014
BUENOS AIRES — A provincial music teacher in Argentina emerged in public for the first time since being abruptly thrust into the limelight as a symbol of his country’s reckoning with the brutal dictatorship of the 1970s and 1980s.
Ignacio Hurban introduced himself to the public as the long-sought grandson of Estela de Carlotto, a human rights activist who has spent the past 36 years searching for him and other children taken from their parents during the country’s ‘‘dirty war.’’
Hurban said he began to doubt his origins about two months ago.
He decided to have his DNA tested and compared to samples in a database of families looking for the children of leftists and suspected government opponents who were killed during the dictatorship that was in power from 1976 to 1983.
What is left out of our article, readers, is U.S. support and approval for it.
The results linked him to de Carlotto, whose daughter, Laura, a university activist, was executed in a clandestine military jail in August 1978, two months after she had given birth.
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But on to today's dictator$hips, in the true$t $en$e of the word:
"Banks reportedly discuss Argentina default exit" Associated Press August 05, 2014
BUENOS AIRES — Several international banks were reportedly in talks Monday that could end the legal battle that pushed Argentina into a default that threatens its economy.
It's almo$t better to have nothing to do with them.
The banks are said to be negotiating to buy some of the Argentine bonds held by US investors whose demand for a higher payment from the government led to a bruising court battle.
That court battle ended with a US judge blocking Argentina’s interest payments to other bondholders, triggering a default on July 30.
A bank buyout may allow Argentina to exit default before it is pushed deeper into recession or it faces other potentially severe economic consequences.
The negotiations were reported Monday by Argentine financial paper Ambito Financiero and other media. The banks are said to include J.P. Morgan, Citibank, HSBC, and Deutsche Bank. All declined to comment.
Tho$e f***ing robber barons of the 21st-century.
Argentine officials have said they do not oppose a private bank resolution to the situation, but Ambito Financiero reported that the government was not part of the negotiations with the international institutions for legal reasons.
The holdout investors, led by New York-based hedge fund NML Capital Ltd., are seeking $1.5 billion for bonds defaulted on by Argentina in 2001. The country settled with most of its creditors, but the holdout investors refused to accept the lower payments. The government has said it cannot now settle with the holdouts without offering similar terms to the others.
Related: Argentina's Goal Deficit
It's enough to make a caring and compassionate person cry for them.
Anyone remember the World Cup now?
Ambito Financiera, which cited an unnamed source close to the negotiations, said the international banks would need some type of guarantee that they would be able to recover their investment in the holdout bonds.
Meaning they want a GUARANTEED BAILOUT and PROFITS before they agree to buy! And that is them being nice. Imagine if they were trying to $windle you both bad financial products and investments.
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