You are hereDemocracy NOW! Reporter Greg Palast Exposes How U.S. “Vulture” Funds Make Millions By Exploiting African Nations

Democracy NOW! Reporter Greg Palast Exposes How U.S. “Vulture” Funds Make Millions By Exploiting African Nations


American "vulture" investors, including a top funder of the Republican Party, have demanded that African nations pay over half a billion dollars for old debts – for which the investors paid only a few million. One New York vulture speculator, Peter Grossman of FG Capital Management, is demanding $100 million from the Democratic Republic of Congo. Is he collecting a legitimate debt from the Congo — or is the vulture’s claim based on a stolen security? Greg Palast reports from the Congo, Bosnia and New York in the joint investigation by the BBC, the Guardian and Democracy Now!

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