The President also said that Argentina has become “the counter model in a world in which financial capital and its derivates became masters and now want to punish us”.   On referring to the demand by vulture funds before the New York courts, the President said that “it is inadmissible the recent ruling against a country that restructured its sovereign debt with a 93 percent acceptance by its creditors and that is duly meeting its commitments”.    She added that the ruling, issued by New York Judge Thomas Griesa, is of a total “inequity, because it ignores the majority of the bond holders” that have accepted the Argentine debt swaps.  

"The counter model in a world in which financial capital and its derivates became masters and now want to punish us”.
Cristina Fernández.

  "We have been paying punctually since 2005, without resorting to the capital markets and with our own resources, and we shall continue doing it as a country that has recovered its self esteem”, said Cristina, during a ceremony in which she was accompanied by Brazilian President Dilma Rousseff.  

  Before an audience of Argentine and Brazilian officials and businessmen, the President said that “part of that self esteem is to comply with our commitments, knowing that our country is a sort of counter model to the recommendations made by the International Monetary Fund (IMF)” .