Vatic Note: We need to begin this blog with the definition of a Vulture Fund and take a hard look at how it works when its manipulated and not simply a result of normal market or business/investment considerations. Here is the definition :
"A fund that buys distressed debt of commercial companies or sovereign nations at a cheap price and then often sues them for the entire value of the debt. The resemblance to vultures is because these funds profit from the debt of failing companies or poor nations." So lets take a look at just such an example in the case of Liberia.... This is another compilation of the work done by Gregg on this most devastating issue which these vultures are now beginning to visit on the West beginning with Greece and probably eventually ending with the United States. The first video is excellent with Max "SAY IT LIKE IT IS" Keiser.... I love that man. LOL After this first video that lays out the big picture, we follow up with a full showing of how this works using Greggs investigations into the Liberian case that has devastated that nation for a debt the vultures bought today that was from back in 1978 (33 years ago). Its absolutely worth the effort to read this entire blog and watch both videos. When done, you will see what they intend to do to first world nations once they have destroyed us both financially and structurally through a WW III. AT that point we will not be able to pay back any debt since our infrastructure will be destroyed by war and if the bankers "POND SCUM" have their way, it will be a nuke war. This was a full eye opener for me. When I worked in this business, all of this was fully illegal and someone would be in jail right now for having done all this. Now its legal. "Don't worry about breaking the law,,,,, we will simply just change it to fit the scam we are doing," which is their mentality because it works. This must be stopped and they want to govern the globe???? over a lot of peoples dead bodies.
Greg Palast with Max Keiser on vulture funds http://www.youtube.com/watch?v=RAYy2gAtb_c&feature=relmfu
Uploaded by GregPalastOffice, Russian TV, on Apr 12, 2010
Investigative journalist, Greg Palast, talks to Max Keiser on "the Keiser Report" from RTV about the RICO case against US bankers and politicians and about vulture funds preying on the Third and First world economies. March 10, 2010.
http://www.youtube.com/watch?v=RAYy2gAtb_c&feature=relmfu
VN: Now this below is the complete work that Greg did that shows not only what this does, how it works and why it should be illegal, but also shows the absolute devastation to a struggling third world country just coming out of war..... ah, a created war for just such a purpose???? That "rabbit hole" can be left to pursue for another time.... We know that scam since we lived it in Viet Nam and two gulf wars that were bogus false flag generated. These vultures scan the globe for very old debt that has languished in oblivion for decades, buy it up from the original lender for pennies on the dollar, then submit a demand for payment in full for the face value of the note plus all back interest, which could result in interest greater than the original face value of the note....... they can't pay, so the vultures go to court and get a judgement, once done they can confiscate state/national assets of the people like water systems, state parks and develop them, offshore drilling land, resort lands developed and billions in profits made. Read below and watch as he does a much better job of laying this all out.

Don't worry: the bankers are safe. The sub-prime sharks, derivatives divas, media mavens and their hairdressers, their trophy wives and their trophies' personal trainers, the movers and shakers and money-makers, are all out of danger. Despite the warning that in a couple of days Hurricane Irene could well hit The Hamptons, the beach of the best of the ruling class will not lose a tan line.




