A key figure in Paul Singer's epic Argentina trade has stepped down

World Economic Forum via Flikr A keyportfolio manager behind Elliott Management's infamous Argentina bet hasstepped down. Jay Newman, a lawyer who joined New York-based Elliott in 1995, will act as a consultant for Paul Singer's $31.6 billion hedge fund firm,according to a January investor letter reviewed by Business Insider. "Newman has decided to retire from being a Senior Portfolio Manager and being involved in the hedge-fund industry on a full-time basis," the investor letter added. Newman d...