Vultures loss of control over Argentina drives them Wild!

Original image by Marc Aert - modified by CNLib / freedigitalphotos.net *

Original image by Marc Aert – modified by CNLib / freedigitalphotos.net *

…a small group of financiers runs the rest of humanity,
a group known as ‘vulture funds,’
obtained debt instruments at absurdly low prices… (1)

¨the Argentine Senate passed by a vote of 39-27
the proposed bill for a new debt swap, that will take place
outside of U.S. jurisdiction(2)

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“Judicial Colonialism”: Court order stating Argentina had to pay predatory vulture funds

Coming Of Night by prozac1 / freedigitalphotos.net *

Argentine President Fernández de Kirchner “and Finance Minister Hernan Lorenzino have vowed never to pay the vultures, characterizing them as predators that speculated on Argentina’s debt in 2001-2002, refused to participate in the restructuring, and are now trying to extract payment of the full face value of the bonds they purchased at pennies on the dollar.”

“The vulture funds are a “strange species [located] on the margins of the financial system …”  (1)

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