A new one for me.
There are accusations that these are investments groups that buy debt owed from poor countries at a discount and litigate for full payment. Critics argue that they prevent poor countries from getting out from under debt that was generally squandered by authoritarian leaders. Greg Palast doesn't like them, Felix Salomon does.
Maxine Waters has introduced the Stop Vulture Funds Act to prevent American companies from engaging in this activity.
