pari

I will be visiting the Pari/GP people in January and working on a Nemo interface to Pari then.

Also pari programming and reasoning together about design and implementation can give you a fresh perspective from my experience.

However, the remaining debt is all owned by the hedge fund, whose entire strategy is the pari passu clause.

But both classes are pari passu in economic terms - if Class A gets a $1 dividend Class B must receive the same.

I can't believe that I am still using the same pari of phones after 8 years (they get a lot of abuse).

In more algebra focused classes we used gp/pari or Mathematica.

This fancy jargon just means this: under the pari passu clause, Argentina could not subordinate the debt to any future debt (that is, it cannot issue new debt that will be given a higher priority in making payments).

What the article does not point out, however, is that it is entirely within a nation's control how it drafts its pari passu and collective action clauses (and whether it includes either of them).

Argentina specifically went out of its way to select New York law and deliberately put in a pari passu clause because it had a history of defaulting on debt, and it thought it wouldn't be able to raise money, or at least not at the same rate, if it issued bonds under local law.

It is very sad to see that statisticians have switched to R, biologists to python, computer scientists to the gnu tool chain, yet physics and maths seem to have been colonized by mathematica when you have a whole set of open source tools which are superior in every way: pari pg, gnu arbitrary precision libraries, axiom, maxima and sage is you want everything under one roof with a unified interface.

You can't legally selectively default on debt; see the ongoing Argentinian "pari passu" saga as documented by FT blogs.

Look at the Argentine "pari passu" fiasco for example.

Unlike the language of virtually every country in the world today except (I think) Jamaica, Argentina's agreements include what is called a "pari passu" clause and not a collective action clause.

I would feel best about taking this kind of money if I had a "real" VC as the lead investor and the hedge fund folks were minority, pari passu, and personally known to me.

I've actually convinced three or four of my colleagues (mathematicians) to work on building a computer algebra system with Julia that will interface to various packages such as Pari/GP, flint, Singular, possibly Gap.

Integrating heterogenous components from a wide range of high-quality specialist communities (GAP, Pari, Maxima, etc.) as I did with Sage, brought many of these communities together, with them work toward a common goal.