March 03, 2010
From New York to Liberia, Investigative Journalist Greg Palast Tracks Vulture Funds Preying on African Debt
Over the last five years, Britain, the United States and other countries have written off billions of dollars in loans to the world’s poorest countries. But a small group of vulture funds have been trying to divert that money into their own pockets. Investigative journalist Greg Palast traveled to the West African country of Liberia to investigate how vulture funds have been operating there and why Liberia lost a $20 million case against two vulture funds in a British court. [includes rush transcript]
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