Undermoney (guest: Jay Newman)
The Market Huddle
00:00
Trading the Peruvian Debt
The first was the republic of peru. They owed not a lot of money, but they had negotiated a deal with their banks to essentially forgive half of that. So you buy it, and then what t comes due and they don't pay, and the at that point, you sue em. And so that was some that went.
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