Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Farmer-Rick

(11,510 posts)

3. So the citizen of Argentina are on the hook to pay

Reply to peppertree (Original post)

Wed Apr 5, 2023, 05:36 PM

Apr 2023

Buford Capital, not the corporation that won the suit, $7 Billion.

Were the citizens of Argentina allowed to vote on these decisions made by foreign judges, corporations and financiers? Was a voting referendum done to get their consent about the nationalization? It all sounds like one giant scam by lazy filthy rich capitalist to bilk an entire nation.

No one asked the citizens, but they get to pay.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

Argentina found liable in multi-billion-dollar suit over 2012 YPF oil firm takeover [View all] peppertree Apr 2023 OP

One can sell litigation rights? And then transfer them to a favorite jurisdiction? Who knew? Alexander Of Assyria Apr 2023 #1

Well said - ESPECIALLY in Burford's case, who paid $18 million and now wants $18 BILLION peppertree Apr 2023 #2

So the citizen of Argentina are on the hook to pay Farmer-Rick Apr 2023 #3

Exactly. But given the kangaroo courts in Wall Street, it would've surprised me to see anything else peppertree Apr 2023 #4