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452. The Groundbreaking Case That Changed Sovereign Debt Law with Gregory Makoff
The thing about sovereign debt is that if a country defaults on its loan, there are no international bankruptcy laws in place to ensure the creditors get their money back. So what happens then?Gregory Makoff, a physicist turned banker, is a fellow at Harvard Kennedy School and the author of the book, Default: The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring. In this debut, Makoff tells the gripping story of Argentina’s years-long court battle in the U.S. to settle a massive debt. He and Greg chat about the tricky nature of sovereign debt, the inner-workings of the…
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