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Greg Palast Exposes How U.S. "Vulture" Funds Make Millions By Exploiting African Nations

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Uploaded by on Nov 22, 2011

www.democracynow.org - 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!

For the complete interview, read the transcript, download the podcast, and for additional Democracy Now! interviews with Greg Palast, visit http://www.democracynow.org

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Top Comments

  • guerilla journalism = confronting criminals and liars in public when they refuse all attempts at interviews

  • Does the JUSTICE DEPARTMENT have anything to say about all this ?

    If not HOW COME ?

    Can't an American Citizen SUE the government for allowing this kind of thing to happen?

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All Comments (31)

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  • Its very possible that the enlightened, responsible & principled vision of American govt. that could have reformed the nation under President Jack Kennedy's leadership would have acted as the shining light of cooperative civilization around the world to champion ideals of Democracy, self-rule, liberty, Rule of Law, social justice, Human Rights & Peace -- instead of devolving thru corrupt schemes of unelected ruling-elites to become the greatest perpetrator of injustice, violence, terror & fraud.

  • @GanzLONDON b/c eric holder has his head up obomb ass!

  • The traitors (imposters) in "our" government ARE THE ENEMIES of freedom--a criminal cabal of psychopaths who think they know where the human journey must go--yet are steering the human journey off a cliff.

    Amy Goodman is a Judas goat.

    ReDiscover911(dot)com is the Pandora's box we must open

  • @PatriciaMcAll Thanks sister, your sentiments are mine!

  • These blood sucking vulture jews should not be paid a dime. They are doing the same to Americans by charging these usury (extremely high interest rates) on loans to Americans.

    Many people wish that Hitler was still alive.

  • @screwface1011 What that guy spoke was English that needs to be translated to proper English which translates to, I don't like getting caught with my pants down:)

  • "this kinda gorilla journalism doesn't work for me" of course it doesn't asshole, it's suppose to work for you.

  • Known as Odious Debt.

    The people of a government cannot be held accountable for governments debt not created by the people of that country.

  • Of course, it isn't outlawed in the U.S.....Must Americans be behind everyone else in everything?

  • @DickOPlenty Yeah let's be apologetic about all the leftist gatekeepers who didn't allow a 9/11 independent investigation.

    You do realise it is because of the LEFT and of people like Amy that the 9/11 truth movement died?

    It should be pushed into her face every damn day until she leaves this earth...

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