US Hedge Fund Seizes Argentinian Ship in Ghana

Here's the full statement from the Argentine government, via Rolf`s Griechenland Blog:

The vulture funds have crossed a new limit in their attacks on the Argentine Republic.  The Frigate Libertad has been held in the Republic of Ghana over a recourse presented by NML Group before the courts of that country.  The Argentine Foreign Ministry has already taken steps with the African nation’s government to clear up the deception that the unscrupulous financiers have mounted.  That measure is in violation of the Vienna Convention on diplomatic immunity.

The vulture fund NML has its headquarters in the Cayman Island, a fiscal lair that it’s worth recalling is a colony of Great Britain, from which those who don’t submit themselves to the laws of any jurisdiction operate and they’ve been denounced both by the G-20 and the United Nations. 

That group of lobbyists are the same that tried to harass the President during her recent trip to the United States passing out aggressive fliers against the presidential investiture.  Another of its actions was to place a gigantic rat in the doorway of the Argentine embassy in Washington when the anniversary of our independence was being celebrated.   

 

This really seems like the ultimate 21st century finance story.

- American Kabuki

http://americankabuki.blogspot.co.nz/2012/10/a-hedge-fund-has-physically-taken.html