Vulture fund threat to third world


	Vulture fund threat to third world

RaiseClip

6-22-2008 6:19 AM

65 views

RaiseClip says:

Good heavens. It has all the footprints of the usual suspects. No amount of stealing is ever enough.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1738e467-b861-4788-a78a-458f10b944fd/20FC993D-0418-4CF8-842C-ACA4209CB35D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.informationclearinghouse.info/article17070.htm" href="http://www.informationclearinghouse.info/article17070.htm" style="font-size: 11px;">www.informationclearinghouse.info</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationclearinghouse.info/article17070.htm"><P align="center"><B><FONT size="5">Vulture
				<SPAN>fund threat to third 
				world </SPAN></FONT></B>
				</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationclearinghouse.info/article17070.htm"><B>how Corporations Continue to Rape The 
				Worlds Poor</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationclearinghouse.info/article17070.htm"><P>In 1979 the Romanian government lent Zambia money to 
						buy Romanian tractors. Zambia was unable to keep up the 
						payments and in 1999 Romania and Zambia negotiated to 
						liquidate the debt for $3m. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.informationclearinghouse.info/article17070.htm"><P>Before the deal could be finalised one of DAI's 
						vulture funds stepped in and bought the debt from 
						Romania for less than $4m. They are now suing the 
						Zambian government for the original debt plus interest 
						which they calculate at over $40m and they expect to 
						win. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/20FC993D-0418-4CF8-842C-ACA4209CB35D/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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