Vulture Funds are financial speculators looking to profiteering from countries in debt crisis. From Zambia to Congo to Peru, they’ve swooped to demand full payment plus interest for debts they’ve bought up for pennies in the pound. But we’re winning the global fight to clip the vultures’ wings. Join us.
Support Argentina’s fight against Vulture Funds
Sign the global statement of support for Argentina as it takes on vulture funds in the United States. Argentina under attack The ten-year battle between the government of Argentina and US speculators has come to a head in a New York court, in a case the Financial Times has called ‘the sovereign debt trial of [...]
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A vulture fund has made €100 million profit from speculating on Greek debt, as Greece stands on the brink. Tell the Chancellor, George Osborne, to stop vultures profiteering from Europe’s crisis. Vulture fund Dart Management, based in the Cayman Islands, has received a €400 million payment from Greece at the height of the country’s crisis, [...]1122 actions taken
Latest from the campaign
Tim Jones, 22 October 2013
The same vulture fund which is trying to make Argentina default on its debt has now wrested the Cooperative Bank out of cooperative hands. Aurelius Capital Management, along with Silver Point Capital, have demanded more ownership of the Cooperative Bank in return for reducing the debt they are owed. The end result is that 70% [...]
Tim Jones, 7 October 2013
The US Supreme Court has today refused to hear Argentina’s appeal against vulture funds who are seeking a huge profit out of the South American country, whilst possibly forcing Argentina to default on its debt. The case shows that the global debt system is stacked in favour of rich speculators and against the needs of [...]
Jubilee Debt Campaign, 23 August 2013
Campaigners slam court decision for allowing Argentina to be ‘held to ransom’ by vulture funds.
Jubilee Debt Campaign, 26 February 2013
Campaigners dressed as vultures will protest outside ‘vulture fund’ Elliot Advisors on Tuesday 26 February
Tim Jones, 17 December 2012
A tribunal in Hamburg has decided on Saturday that the Argentine navy ship seized in Ghana, the ARA Libertad, should be released back to the South American country. The ARA Libertad was seized after a vulture fund, NML Capital, brought a case in Ghana to claim ownership of the boat. NML Capital are pursuing Argentina [...]