Vultures profit from poor countries.They buy off the debts at very low cost (ie.Kenya, Congo, Zambia, Argentina, Peru) then when the countries rebuild funds (usually charity) vulture lawyers steal the money.They take the money that would otherwise be given to children for education, medical.They even go as far as suing these countries to get these monies, more than the amount of original debt, ie. Paul Singer. He's getting $40m from kenya and he's also the top contributor for Guiliani and Bush.
This is a very interesting video. I can't wait to become an accredited investor and participate in this strategy! This is definitely a different perspective for me. Thanks for sharing 5 stars!
See 'snake eye 85' comment below...
in order to understand what I am speaking of.
warrencurrier 3 years ago
I think that this video will be judged as advertising, and, in fact, the SEC will be interested.
The comment above mine suggests I may be right.
And, I too enjoyed watching this video. It is quite instructive.
warrencurrier 3 years ago
This guy isn't doing 3rd world debit. The Vulture term is also used by R%eal Estate investors.
Galfonz 4 years ago
Vultures profit from poor countries.They buy off the debts at very low cost (ie.Kenya, Congo, Zambia, Argentina, Peru) then when the countries rebuild funds (usually charity) vulture lawyers steal the money.They take the money that would otherwise be given to children for education, medical.They even go as far as suing these countries to get these monies, more than the amount of original debt, ie. Paul Singer. He's getting $40m from kenya and he's also the top contributor for Guiliani and Bush.
bluvlvt 5 years ago
This is a very interesting video. I can't wait to become an accredited investor and participate in this strategy! This is definitely a different perspective for me. Thanks for sharing 5 stars!
snakeyez85 5 years ago