If you were ever wondering how so many countries seem to not  be able to get out of debt this might give you a clue. Vulture funds are hedge funds that are created by companies like Greylock Capital. These companies buy up the debt of poor nations for dirt cheap and then sue the government for out rages interest rates. Countries like Liberia owe over 20 million dollars to this company, even after being relieved of debt from western nations like the British and the United states. It is kind of like when you were young and signed up for all those credit cards with creditable banks and then you couldn’t keep up the payments and out of the blue you started getting calls from unknown companies that hired very rude and angry people demanding money you didn’t have. You thought about paying the debt off but then you realized they were trying to charge you a thousand dollars for a credit card that had a two hundred and fifty dollar credit limit when you got it. Well this is the same thing that happens to third world countries and it is all-legal. Journalist Greg Palas
has been tracking down this company and exposing them for being the true vultures that they are and we would like to join him in passing along this information and continuing the fight. Until truth prevails my eyes will be watching

Welcome to Greylock Capital

Greylock Capital Management, LLC is a federally (SEC) registered investment adviser that seeks high risk related returns through an event driven strategy of identifying and extracting value from the emerging and/or inefficient markets in Asia, Eastern Europe, Africa and Latin America. We rely on our years of international restructuring experience and on the ground investment analysis to identify these uniquely promising investment opportunities and to target investments with low correlation and less volatile returns relative to traditional (long only) emerging market strategies. Greylock Capital understands the particular difficulties brought about by regional market volatility in emerging and frontier markets and seeks to use its experience to profit from those inefficiencies utilizing both short and long term investment strategies. In all cases the Greylock Capital's approach stresses intelligent value investing, prudent hedging and capital preservation.

Greylock Capital has robust compliance procedures and offers rigorous risk management and transparent reporting to all investors.

http://www.aarp.org/community/groups/displayTopic.bt?pageNum=1&groupId=1492&topicId=8055262

http://www.gregpalast.com/bbc-on-the-hunt-for-an-american-vulture-attacking-liberia/

http://www.democracynow.org/2007/2/15/vulture_fund_company_seeks_40_million

http://www.africaaction.org/advocacy-groups-decry-profiteering-by-vulture-funds-in-liberia.html

http://apic.igc.org/campaign_new/page.php?op=read&documentid=4247&type=23&issues=66