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Michael Francis Sheehan

We Must Stop the "Vulture Funds" That Feed on the World's Poor

Johann Hari | Posted 05.25.2011 | World
Johann Hari

For small sums, vulture funds buy debts racked up years ago by the poorest countries on earth. Then they take the poor country to court, and demand exorbitant and crippling returns from the debtor nations.