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Comment #4920951 by LITTLEONE

LITTLEONE Mar 27th 2016, 11:56 AM #

They knew this was coming . in fact it now seems encouraged it. All a big game to these people … Hedgecraic…..

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Vulture funds pick and peck and they're not finished yet

Vulture funds pick and peck and they're not finished yet

The vultures arrived in Ireland after the crisis when they realised there was a lot of property up for grabs at knock down prices, writes Michael Byrne.


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    Mar 27th 2016, 11:58 AM

    Last September, at the General Assembly of the United Nations, Bolivia proposed Draft Resolution A/68/L.57/Rev.1. The idea is to create “a multilateral legal framework for sovereign debt restructuring processes.”
    In short – instead of governments being played off against one another, they will employ a collective legal strategy to fight the vulture funds.
    Bolivia’s resolution is a responsible move to protect sovereign governments from the predatory attention of low-life grave dancers. The resolution passed by 124 votes to 11.
    IRELAND VOTED Against It.