Vulture fund threat to third world


	Vulture fund threat to third world

RaiseClip

6-22-2008 6:19 AM

69 views

RaiseClip says:

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

Add a Comment

Login to Comment. Not a member yet? Sign up

View the Top Clips from June 22, 2008

Embed This Clip In Your Site...

<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://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/c947d328-ead2-46bd-ae68-9a4861785b89/20FC993D-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>

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Blog; Copyright; Privacy; EULA

Search Options

Related Clips

More clips from RaiseClip

Today's Top Clips