Monday, June 11, 2007

Vulture Funds; why they hate us.

Greg Palast reports on Vulture Funds. Vulture funds are a horribly corrupt method of earning a few million bucks from the poorest of nations. A corporation will buy up a loan of a poverty stricken government in Africa right before the debt is about to be forgiven then sue that government for ten times the amount they bought the debt for. It may be legal but it is still theft and very immoral and must be stopped.

This is one of the reasons why they hate us. Will Bush help stop this or just turn away and let the practice continue?

Tell the debt vultures to do the right thing
Jubilee USA
Vulture fund
From Wikipedia, the free encyclopedia

No comments: