Greg Palast Reports- Part 2 of BBC NewsNight Vulture Bond

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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.

Channel: News & Politics
Uploaded: February 27, 2007 at 5:55 pm
Author: GregPalastOffice

Length: 00:06:22
Rating: 4.99
Views: 9452

Tags: greg palast bbc newsnight vulture_funds bono poverty

Video Comments:
JFWilliam (August 15, 2008 at 3:03 pm)
Read John Perkins's Confession of an Economic Hitman for a complete run down of the kind of procedure executed on third world country under the guise of globalization. A crime against humanity by any other name indeed ! Shame on all of us for letting this happen over & over & over again & still going on at this very moment... shame on us all !
politicaloutsider (May 16, 2008 at 4:36 pm)
Siriusluv are you nuts?
Siriusluv (March 24, 2008 at 2:42 am)
As if the loss of habeus corpus, and all those 'evil excecutive orders' where not enough reason to hate dubya.
Rot in you know where!
alicia1996 (February 23, 2008 at 4:43 am)
Just to update you: Zambia lost the case against the vulture companies.
cherrielane (February 15, 2008 at 12:48 am)
This is a great video!
Thank you.
ewjomega (December 5, 2007 at 10:34 pm)
Bush is full of shit, everybody knows that. The man can't be trusted
sugarpuddin88 (January 5, 2008 at 10:57 am)
So what is Nancy Pelosi going to do about it?

What are the American people going to do about it?

NOTHING -- So they get what they deserve
neothomist1275 (November 20, 2007 at 7:49 pm)
They lend out a bookkeeping entry called credit. Its all just a game: "Debt forgiven, debt forgiven!". What do they care? The IMF is still holding American birth certificates as chattel collateral against it.
lgrf4evr (October 29, 2007 at 3:29 am)
and here i thought that he were a man of christ and the next messiah.
Gibbet1337 (July 27, 2007 at 12:09 pm)
Agreed