Jay Newman has worked in the field of international finance as a trader, investment banker, and investor for forty years.
During most of that time, he focused on investments in the defaulted debt of sovereign nations in Latin America, Eastern Europe, Africa, and Asia. Undermoney is his first novel.
Eric Bovim is joined by Jay Newman. Jay has worked in the field of international finance as a trader, investment banker, and investor for forty years. During most of that time, he focused on investments in the defaulted debt of sovereign nations in Latin America, Eastern Europe, Africa, and Asia. As if that’s not enough for one plate Jay has just penned his first novel Undermoney.
The sovereign-debt investor, best known for a fifteen-year legal fight with Argentina, channelled Tom Wolfe and John le Carré to write “Undermoney,” a financial thriller featuring Vladimir Putin, a Paul Singer-esque hedge-fund manager, and, of course, sex.
As economic and banking sanctions against Russia proliferate, many investors and creditors are asking what will happen with Russian sovereign debt, which the Russian Federation has issued through both foreign-currency bonds and ruble bonds. If history is a guide, nothing good awaits foreign lenders.
