Sunday, August 17, 2014

Argentina's Fernandez calls holdouts greedy, bent on thwarting deal


(Reuters) Argentina's President Cristina Fernandez took to Facebook on Saturday to rail against her country's holdout creditors, calling them greedy and bent on thwarting a solution in order to keep Argentina mired in debt.

Fernandez' post on the social network was her government's latest acrimonious attack on the bondholders she calls "vultures" following the collapse of debt talks this week that sent Argentine bond prices tumbling.

"The main thing with vulture funds is that they don't want a solution," Fernandez wrote on her Facebook page.

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