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Old 12-04-2003, 08:57 PM   #2279
Skeks in the city
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Join Date: Oct 2003
Posts: 721
Repudiation of Iraqi Debt

Originally posted by Hank Chinaski

Quote:
Legally? fuck legally. Iraq says, "yeah you want that money, I gave it to the U.S., sure I owe , but you gotta get it from US."

Then we say "Saddam debts? we don't recognize no stinking Saddam debts."
Oh no, more like. France/Germany/Russia sue Iraq whereever they needs to for liens, garnishment, or whatever and attempts enforcement action against purchasers of oil from Iraq. Companies have voiced concern about buying oil from Iraq due to concerns over whether Iraq could provide good title to its oil
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