Nobody brought this up yet, but there has been this long-standing controversy where an American hedge fund, run by Paul Singer, a well-connected financier, has bought outstanding bonds put out by countries which had since defaulted, then settled with most of their initial investors for pennies on the dollar. This guy’s tactic is to then sue the ass off of those countries for full payment, playing the victim even though he stands nothing to lose in the matter in comparison to the initial investors.
You will remember, he was the one who tried to get hold of an Argentinian warship while it was in Ghana. The matter was settled after Argentina complained to the International Tribunal for the Law of the Sea, which left Singer fuming about how such an organization could exist to foil his dastardly plans. Since then, he’s sued the Argentinian government in a U.S. court, where the bonds were initially negotiated. The judge found in his favour, against the Argentinian government, and has since had Argentina’s accounts in the country frozen until full repayment was made first to the vulture funds, then to its other bond holders. Argentina refused and defaulted, then appealed to the International Court of Justice (which refused to hear the case unless the US government agreed, which it refused to do.)
How do you know you’ve hit sleazefuck territory in this? We hit that long ago when the U.S. government did nothing to prevent the sleazefuck financier and an American court from dictating the policy of a foreign government. But you know you’ve hit sleazefuck bottom when the U.S. judge who made the ruling now threatens to hold the Argentinian Government in contempt of court over its statement that it did not default.