«It's a legalized cartel that represents the moneyed interest of Wall Street,
of vulture funds,» he said.
A major downturn in the economy can force young companies into failure - or into the talons
of a vulture fund that takes it private.
Not exact matches
«The G - 8 governments claim to support calls for responsible behavior by lenders like
vulture funds,» Lidy Nacpil
of Jubilee South said in a statement.
According to Griesa (uniquely), this means that if any creditor or
vulture fund refuses to participate in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere in the world, regardless
of what foreign jurisdiction the bonds were issued under.
Or is it fair for banks and even
vulture funds to get whatever they can squeeze out
of debtors?
A banner shows a
vulture, symbolizing a U.S. hedge
fund, carrying a bag
of money in front
of the U.S. flag outside Congress in Buenos Aires, Argentina.
Andy Stone, chairman
of Petra, a «
vulture investor» whom Crain's calls «one
of the godfathers
of the commercial mortgage - backed securities market,» suffered massive failures in 2010 when his
funds went bankrupt.
Speaking a day after he returned from Puerto Rico, de Blasio blasted «
vulture hedge
funders» who he said were part
of the reason the embattled island was in such dire financial straights.
Many took advantage
of this and invested heavily, even well after the Puerto Rican officials and «
vulture» hedge
fund managers became aware that the tax incentive would disappear.
It was hilarious because, in the very same article, the Post mentioned all the other folks,
vulture hedge
funders, NYC real estate vampires and the pro-charter school people were spending enormous amounts
of cash to better steal all our democracies.
Paul Singer, the billionaire founder
of Elliot Management — a
vulture fund that mainly gets rich by scooping up the debt
of countries in distress at a discount and bullying them into paying full value — also dumped $ 500,000 into New York Wins PAC, according to federal election filings.
She castigated hedge
fund «
vultures» for, in her view, worsening Puerto Rico's condition and «feeding off
of the misery
of the island and
of the people».
The other lack
of clarity's around taxation — we'll be hearing more about evil «
vulture «
funds & potential changes in taxation
of carried interest.
It appears to me that the
vultures (read shorts) are out there circling, under the belief that Fairholme may have to dump some
of its stake if redemptions in the
fund increase.
There is a lot
of money in
vulture funds relative to the opportunities at present.
The suit was brought by a so - called «
vulture fund» investment company — FG Hemisphere Associates — against the DRC for failure to pay an arbitration award the company won for its involvement in financing
of a power facility in the territory.
A «
vulture fund» — including a newly incorporated company with a share capital
of only # 1 that has not traded and has...
-- Kensington International Limited v Montrow International Limited (2008): instructed in relation to the challenge in the High Court
of the British Virgin Islands and the Court
of Appeal
of the Eastern Caribbean Supreme Court
of the status
of a so - called «
vulture fund» as creditor
of a company alleged to be the alter ego
of the Republic
of Congo.
The increasing presence
of «the State» (in the broad sense) in general economic life has led to a need for renewed statutory and judiciary response to issues as diverse as
vulture funds litigation involving sovereign debt, enforcement
of arbitral proceedings against States (and similar entities),...
Clemente
of Clemente Development, which is raising a
vulture fund, is betting that CMBS loans made on projections
of future rents rather than current rents will lead to rampant defaults.