Vulture Funds

Discussion in 'General Chat' started by Briant, Feb 16, 2007.

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  1. #1
    Briant, Feb 16, 2007 IP
  2. cloudybutnice

    cloudybutnice Peon

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    #2
    I saw this too, and was appalled by what I read. It should be illegal, it's already imoral.
     
    cloudybutnice, Feb 17, 2007 IP
  3. mothproof

    mothproof Banned

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    #3
    sickening..

    these vultures shouldn't be ganging up on already helpless countries. then again, thats why they're shameless vultures in the first place.


    i hope UN comes to the rescue
     
    mothproof, Feb 17, 2007 IP
  4. KingofKings

    KingofKings Banned

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    #4
    This is imoral and should be illegal.. i'm sick of the news these days.
    Let's hope the UN does something about this...
     
    KingofKings, Feb 17, 2007 IP
  5. webmasterlabor.com

    webmasterlabor.com Peon

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    #5
    Man, what scumbags. That should be illegal.
     
    webmasterlabor.com, Feb 17, 2007 IP
  6. Briant

    Briant Peon

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    #6
    That seems like the consensus. The problem is that the governments, which agreed to cancel the debt, turned around and sold the debt to private interests. So they could say, "Hey we are forgiving Third-World debt." while they sold it off to be collected. Of course they sold the debt cheap, and you have to wonder why, i.e., what genre of bribery was involved. So essentailly, it's even more sinister than it superficially appears. Not to mention how the "leaders" of some countries squanderd the loan money in the first place.
     
    Briant, Feb 21, 2007 IP