For this edition of Money Talks, Felix Salmon chats with Jay Newman, the former hedge fund manager who helped Elliot Management recover $2.4 billion from Argentina after that country defaulted on its loans. Jay shares his philosophy on sovereign debt and recounts a 16-year battle full of judicial intrigue.

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Podcast production by Jared Downing and Cheyna Roth.

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Money Talks: What Happens When a Country Won’t Pay Its Debt? 46:19 Share

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Money Talks: What Happens When a Country Won’t Pay Its Debt?