Steal Back Your Vote!
One out of five Colorado voters purged from voter registration
Outcome of 2008 election likely to be skewed by unethical tactics
Democracy Now
Exclusive interview with the President of Ecuador
Exclusive interview with the President of Ecuador
President Correa- Chavez Boy Toy or New Revolutionary Hero?
Greg Palast gets the exclusive interview with President Correa of Ecuador
War Paint and Lawyers
Rainforest Indians versus Big Oil
BBC Television Newsnight has been able to get close-in film of a new Cofan Indian ritual deep in the heart of the Amazonian rainforest. Known as “The Filing of the Law Suit,” natives of Ecuador’s jungle, decked in feathers and war paint and heavily armed with lawyers, are filmed presenting a new complaint in their litigation seeking
Big Easy to Big Empty:
How the White House is Still Drowning New Orleans
From the film commercially released this week based on the investigation for Democracy Now! – the story
BBC Newsnight Report: Battle Over “Vulture Funds”
Watch the report
The Firing of New Mexico Attorney David Iglesias
Greg Palast reporting for Democracy Now
EXCLUSIVE: U.S. Vulture Fund Owner Wins Debt Payment from Zambia
But Faces Possible Indictment at Home
A British court has ordered the government of Zambia to pay the “vulture fund” company Donegal International 15 and a half million dollars. Donegal is owned by the US company Debt Advisory International. But investigative journalist Greg Palast reveals a new development
Palast Hunts the Real Life Goldfinger for BBC – Watch it on Democracy Now!
“Vulture Fund” Company Wins $20 Million Payment from Zambia on $4 Million Debt
Thursday, February 15th, 2007
Watch the BBC Newsnight investigative report on BBC Newsnight — or at Democracy Now! with Palast and Amy Goodman.
Listen — Watch — Read the Report — Read the Transcipt
“Vulture fund” companies buy up the debt of poor countries at cheap prices, and then demand payments much higher than the original amount of the debt, often taking poor countries to court when they cannot afford to repay.
Investigative journalist Greg Palast reports on one company that has won the right to collect $20 million from the government of Zambia after buying its debt for $4 million. In his recent State of the Union address, President Bush declared the United States was taking on the challenges of global hunger, poverty and disease, and urged support for debt relief, which he called the best hope for eliminating poverty.
But what exactly are wealthy nations doing to reduce the debt of impoverished countries?
Today we take a close look at companies known as “vulture funds.” Vulture fund companies buy up the debt of poor countries at cheap prices, and then demand payments much higher than the original amount of the debt, often taking poor countries to court when they cannot afford to repay.
For an in-depth look at this issue, we turn to a BBC Newsnight documentary by investigative reporter Greg Palast. Greg Palast’s BBC report on vulture funds. Today a high court judge in London ruled on the case that a vulture fund can extract more than $20 million from Zambia for a debt which it bought for just $4 million. To tell us more about this case and more we now turn to Greg Palast.
LATEST UPDATE — Zambia Loses ‘Vulture Fund’ Case
Greg Palast. Investigative reporter for the BBC on this story is author of the books “Armed Madhouse”, “The Best Democracy Money Can Buy” and “Democracy and Regulation.”
The BBC Newsnight report was produced by Meirion Jones, BBC London; Rick Rowley, videographer/editor. Investigative research by Matt Pascarella, New York.
Debt Relief Groups Attack Vultures After our BBC Exposé
Democracy Now! | Tuesday, February 20th, 2007
In response to Greg Palast’s report last week on BBC and Democracy Now, the debt-relief and economic justice group Jubilee USA is launching a new effort today calling on
Conyers Confronts Bush On Vulture Bonds
AMY GOODMAN: Can you talk about how your meeting went with the President yesterday?
REP. JOHN CONYERS: Well, we talked essentially about Iraq, Katrina and the domestic breakdown that’s going on right now. But it was my job, I felt, to raise the whole question of this bond speculation that goes on at the expense of poor debtor countries, in which their debt is bought up and then they’re sued for the full amount. It’s bought up at pennies on the dollar,
BBC Newsnight Report:'Vulture Fund' Threat to Zambia
Greg Palast reporting for BBC Newsnight First Broadcast 15 February 2007 WATCH THE REPORT (Democracy Now! Re-Broadcast) READ ABOUT IT Note: Due to the BBC player link being currently broken we are temporarily providing a link from Democracy Now! which re-aired the program
