Pari passu: AV vs Martin Wolf

David Keohane Author alerts | Jun 30 12:24 | Comment | Share

Part of the PARI PASSU SAGA SERIES

In the Alphaville corner… 64 posts and counting of the saga:

We discuss Martin’s recent column, our response, why sovereign debt is strange, whether we should save bondholders who can’t be bothered to read the contract — and beyond Argentina… whether official-sector holdouts are also the problem.

PARI PASSU SAGA SERIES

The "trial of the century" in sovereign debt restructuring, in our humble opinion. The story of Argentina, its holdout creditors, the grande finale (or is it?) of their battle in US courts.