« Observatorio argentino 13: hechos sobre la expropriación petrolera | Main | Observatorio argentino 15: CFK throws the Eskenazis under the bus »

April 17, 2012


Feed You can follow this conversation by subscribing to the comment feed for this post.

Actually, the Eskenazis are on extremely poor terms with CFK. Part (but not all) of the story is here http://www.ft.com/intl/cms/s/0/caf527bc-88a9-11e1-9b8d-00144feab49a.html#axzz1sPhOxGm5. Expropriating the shares not belonging to the Eskenazis will force them into default, which will also accomplish the purpose of teaching them a lesson.

I appreciate the information!

The problem is that the FT link doesn't have any information. It reasons backwards from the conclusion: "If we assume that the expropriation was bad for the Eskenazis, then we can conclude that they have fallen out with the President."

That's not helpful!

What did the Eskenazis do to incur Cristina's wrath? Help! Might you have any other sources?

I also am looking for more information on the actual contract --- if the FT story about the buyback terms are correct, then a default might not cause the Eskenazis to lose their shares. That would change the interpretation of what's going on in Argentina.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)