You think $400M was bad?

[jimmyz]

here's some fairly accurate info from that well known leftist rag, fortune magazine

feel free not to read it

http://fortune.com/2016/08/05/money-america-iran/

Thank you. I can skip my Ginko supplement today knowing my memory hasn't completely failed me. Now how do be get the lemmings to stop parroting the "ranson" angle?

[del]

Thank you. I can skip my Ginko supplement today knowing my memory hasn't completely failed me. Now how do be get the lemmings to stop parroting the "ranson" angle?

you can't

i just laugh at them

[del]

Who knew the case was closed before the fact?

i have no idea what that means

[Peter1469]

here's some fairly accurate info from that well known leftist rag, fortune magazine

feel free not to read it

http://fortune.com/2016/08/05/money-america-iran/

The Iranians claim it was ransom, and took two more Americans.

We can spin the payment anyway we want and not get around the reality of it. There is an expectation now that an American is worth 100M.

[Private Pickle]

i have no idea what that means

The case was closed and the "bill" was paid before the American public...you know...the people paying the bill knew it happened...

[del]

The case was closed and the "bill" was paid before the American public...you know...the people paying the bill knew it happened...

your failure to keep yourself informed is your problem.

it had been in litigation/arbitration for 35 years

[del]

The Iranians claim it was ransom, and took two more Americans.

We can spin the payment anyway we want and not get around the reality of it. There is an expectation now that an American is worth 100M.

then you'd think they'd be sweeping them off the streets at 100m a copy and yet...

i guess that perception isn't quite as widespread as advertised

carry on

[Peter1469]

then you'd think they'd be sweeping them off the streets at 100m a copy and yet...

i guess that perception isn't quite as widespread as advertised

carry on

They got two too many.

[Private Pickle]

your failure to keep yourself informed is your problem.

it had been in litigation/arbitration for 35 years

lol We haven't talked to Iran in 35 years...

[del]

lol We haven't talked to Iran in 35 years...

lol you don't know what the $#@! you're talking about

shocker

The Iran-United States Claims Tribunal was established on 19 January 1981 by the Islamic Republic of Iran and the United States of America to resolve certain claims by nationals of one State Party against the other State Party and certain claims between the State Parties. To date, the Tribunal has finalized over 3,900 cases. Currently on the Tribunal’s docket are several large and complex claims between the Islamic Republic of Iran and the United States of America

The Government of the Democratic and Popular Republic of Algeria served as intermediary in the search for a mutually acceptable solution. Having consulted extensively with the two Governments as to the commitments each was willing to undertake in order to resolve the crisis, the Government of Algeria recorded those commitments in two Declarations made on 19 January 1981. The "General Declaration" and the "Claims Settlement Declaration", collectively "Algiers Declarations", were then adhered to by Iran and the United States.

In accordance with the Algiers Declarations, The Tribunal has jurisdiction to decide claims of United States nationals against Iran and of Iranian nationals against the United States, which arise out of debts, contracts, expropriations or other measures affecting property rights; certain "official claims" between the two Governments relating to the purchase and sale of goods and services; disputes between the two Governments concerning the interpretation or performance of the Algiers Declarations; and certain claims between United States and Iranian banking institutions.

Claims had to be filed with the Tribunal by 19 January 1982, and their number is therefore finite. Approximately 1,000 claims were filed for amounts of $250,000 or more, and approximately 2,800 claims for amounts of less than $250,000. The time limit does not apply to disputes between the two Governments concerning interpretation of the Algiers Declarations.

Claims are decided by one of the three Chambers of the Tribunal or by the Full Tribunal. Cases are distributed to Chambers by lot. The Full Tribunal decides all disputes between the two Governments, as well as important questions referred to it by the Chambers.

The Tribunal conducts its business in accordance with the arbitration rules of the United Nations Commission on International Trade Law (UNCITRAL), as modified by the Governments and the Tribunal.

http://www.iusct.net/