US judge threatens to find Argentina in contempt

Published August 8, 2014 10:59pm ET



NEW YORK (AP) — A U.S. judge threatened to hold Argentina in contempt of court Friday for continuing to make “false and misleading” statements about its financial crisis, though he quickly added he most desires a peaceful negotiated end to a long-running debt dispute.

Judge Thomas Griesa in Manhattan urged both sides to resume negotiations with help from the special master he assigned to resolve a fight over money owed to U.S. hedge funds. No talks have occurred since Argentina failed to pay bondholders on July 30.

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