An interesting development on the "vulture funds" front. British Labour MP Sally Keeble is leading a group of 12 cross-party MPs in seeking to outlaw the activities of 'Vulture Funds'.
Here are some more links - the full text of HR 6796 (not so snappily called the 'Stop Very Unscrupulous Loan Transfers from Underprivileged countries to Rich, Exploitive Funds Act' - I like 'Stop The Vulture Funds Act' better, but who is complaining? Text of H.R. 6796 [110th]: Stop Very Unscrupulous Loan Transfers from Underprivileged countries to Rich, Exploitive Funds ActMPs demand an end to debt 'vultures' 6 May 2009Sally Keeble MP has today led a group of 12 cross-party MPs proposing legislation in Parliament to stop vulture funds profiteering from poor country debt.
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