View Single Post
Old 13-07-2007, 03:43   #1 (permalink)
HairyScaryMark


Profile
Male
location: the shire
joined: Jun 2005
posts: 649
bands: none
talents: Guitar, Keyboards, Piano

Send a message via AIM to HairyScaryMark Send a message via MSN to HairyScaryMark Send a message via Yahoo to HairyScaryMark Send a message via Skype™ to HairyScaryMark
Default G8 funds eaten by Vultures

Not quick in posting this but thought it important enough to do so anyhow.

Vulture Funds

In summar: Vulture Funds is the term used to describe when US buisnessmen buy the debt of some of the worlds poorest countries then sue the governments for many times the value of debt.

One of the biggest vultures is also the largest donor to the US Republican Party. Sueing foriegn governments is illegal in the US without permission from the President so it could easily be stopped.

Gordon Brown has described the vultures as 'perverse' and 'immoral'.

Report on BBC news page

Article on Greg Palast Page

Watch Newsnight Report here
HairyScaryMark is offline   Reply With Quote
Sponsored Links