The Soapbox

southdenverhoo

Joined: 10/11/2001 Posts: 13251
Likes: 17831


If this article is correct, the payment was $1.3 billion (apparently in


foreign currency btw, something I didn't know before I read this) of which $400M was up front and the rest was paid over 19 days (because it is hard even for the US government to get its hands on $1.3B in foreign currency overnight.

Iran had paid us $400M for fighter planes just before the coup. After the coup, the planes obviously didn't get sent over, and we held on to the cash. It's been in international courts since then.

Apparently Iran had a creditable claim for something like $10B for interest since this goes way back to 1979. This was a case US experts expected us to lose in court; the only question was how much in damages (and the $400M was always undisputed.) Getting them to dismiss their claim for a mere $900M in interest was actually a bit of a (you will pardon the expression) coup.

Part of the treaty negotiations were the termination of sanctions, and with sanctions terminated there was no viable claim for retention of the money.

anyhow, for a concise review of the case, see the attached.

(In response to this post by Hoodafan)

Link: click


Posted: 01/27/2020 at 7:42PM



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Current Thread:
 
  
Pew Research confirms what we have seen on this site -- Hoodeac 01/27/2020 12:42PM
  And look down below this. Still no collusion. ** -- Hokieesith 01/27/2020 3:59PM
  I don't see collusion in there. ** -- Hokieesith 01/27/2020 4:00PM
  Liar ** -- WaxHoo 01/27/2020 1:27PM
  ^^^ liar ** -- WaxHoo 01/27/2020 2:18PM
  We did not hold it long enough...eff those turds** -- Tuckahokie 01/27/2020 2:22PM
  ^^^ liar ** -- WaxHoo 01/27/2020 3:06PM
  How so? And please show your work. ** -- Hoodafan 01/27/2020 3:17PM
  Do you honestly think those rockets... -- Hoodeac 01/27/2020 2:38PM
  Don't mess with their alternative facts -- NJHoo 01/27/2020 2:06PM
  SOLINDRUH!!! SOLINDRUH!!! ** -- WahooRQ 01/27/2020 1:46PM
  I agree it is time to move on from collusion -- VaTechie 01/27/2020 1:25PM
  It's absolutely possible -- Beerman 01/27/2020 1:37PM
  Guess we know where you get your news from. ** -- Hoodeac 01/27/2020 1:24PM

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