What's At Stake For Key Participants In Argentina Debt Issue?

Argentina debt issue .... As Argentina’s Finance Minister Alfonso Pratt-Gay was speaking to reporters yesterday evening, saying a deal with hold-out hedge funds will be presented to Congress this week, all participants might reflect on a 15-year journey that devolved in a battle against the developed world financial establishment. It is unclear if Pratt-Gay's decidedly message of growth and economic stability was the take away on the mind of former Argentine President Cristina Fernandez de Kirchner. What she might have learned is that appearing to disrespect the legal system is not a high percentage play. Kirchner fought the law and the law won. For U.S. District Judge Thomas Griesa, the slaps he endured from Kirchner (she called him “senile” and refused to comply...