In an exclusive interview, CNBC’s David Faber sits down with Jay Newman, Elliott Management, and discusses why it’s time the Latin American country talked to its creditors.
Transcript:
in 12 years since argentina’s default, never once has argentina offered to sit down with its creditors. that’s why we decided to writethis op-ed at this point. in 2003 we met with the secretary of finance and implofd her to negotiate in good faith. but argentina took a different approach. i think many people are aware of that the dispute has been going on for a long time but not the fact that we’ve been trying to meet with them and resolve this dispute for over a decade rather