Inside DC| More...
 

Vulture Funds

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

Johann Hari | Posted 11.17.2009 | World

Read More: Gordon Brown, Kaunda, Zambia, Sally Keeble, Romania, Africa, Aids, Donegal International, Liberia, Maxine Waters, Profit Margins, Vulture Funds, Congo, Belgium, Michael Francis Sheehan, World News
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.

Read Post

Marketing for Grownups: Selling the Rescue Plan

Alan Fein | Posted 10.31.2008 | Business

Read More: Politics, John McCain, Economics, Economy, George W. Bush, Presidential Election, Henry Paulson, Bailout Plan, Rtc, Vulture Funds, Barack Obama, Business News
Alan Fein

Bush noted that the effect of just Monday's drop in the market capitalization of the stock market was in excess of $1 trillion -- that's right, more than the $700 billion "bailout."

Read Post