The guy in charge of the commission’s in Washington’s drug kingpin list. The Finance Minister is under U.S. sanctions for alleged corruption.
And the investors couldn’t get information on how to attend the commission’s meeting in Caracas on Nov. 13, “which happens to be the deadline for almost $300 million in outstanding bond interest payments.”
There was no information on what the requisites are for attending the meeting, where it would take place or whether the government would provide accommodation and transport.
In short, it was A Meeting About Nothing.
Gee, could this supposed meeting be just a prop so Maduro could blame the default on someone else?
I call it a Capt. Louis Renault Moment,
PDVSA downgraded to default by S&P. Let the domino effect begin.https://t.co/vnFDw0P6PR
— Prof. Steve Hanke (@steve_hanke) November 14, 2017
Cross-posted at WoW! Magazine.