What have you done to try to stop Vulture Funds underming the "Make Poverty History" campaign?
Vulture funds choose to ignore this and buy up third world debt and use their high paid lawyers and their financial muscle to try and reclaim up to 10 times what they paid for it.
In the High Court in London recently, Zambia was forced to pay $20m to settle a debt bought by a Vulture Fund for less than $4m.
This represents about half of the money that Zambia would have hoped to save through Debt Relief for all of 2006.
This is an immoral practice.
What have you done to try and get the G8 leaders to outlaw Vulture Funds?
See what you can do at :- http://red1hols.blogspot.com/2007/03/you...