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Catchword for “vulture fund”
Catchword: vulture fund
Filed Under: ,
Part of Speech: n.
Quotation: The government says it is still recovering from a devastating war and faces a new problem: Western investors, sensing a chance to rake in millions, are suing to recover old debts that they bought for pennies on the dollar. Such investors, running what critics derisively call vulture funds, have been widely denounced by the World Bank and the International Monetary Fund for forcing poor countries to fend off costly lawsuits rather than build classrooms and clinics.
Article or Document Title:
“Unlikely Ally Against Congo Republic Graft” (URL)
Author:
Lydia Polgreen
Article, Document, Publication, Web Site:
New York Times
Date of Publication:
Dec. 10, 2007
This catchword has yet to be researched.
Posted 10 Dec 07 | Permalink | Tell a Friend

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