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Tag Archives | Griesa

Argentina Debt Standoff

Quoted: Citibank in Argentina to stop making bond payments

As quoted in the Associated Press.  The AP Buenos Aires interviewed me on the Citibank’s Catch-22 between the NY courts and Argentina’s authorities. “Instead of staying in the frying pan or hopping into the fire, Citibank decided to simply get out of the kitchen,” said Brett House, a debt expert and senior fellow at the […]

Quartz

Here’s why hedge funds will never be able to hold debtor countries hostage again

Original article – As written for Quartz Over the last few months, governments from Kazakhstan to Mexico have quietly started changing the way they issue debt. These shifts—small tweaks in the way bond contracts are written—have received little attention, yet they have the potential to make future financial crises a lot easier to resolve. That […]