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The vulture funds that corner Argentina also come for Spain

by Jérome Duval, Fatima Fafatale

1 August 2014

"Vulture funds" refer to companies that buy insolvent debts for a song and later try to cash in on them by force. Billionaire Paul Singer has made it his specialty. Today he is intent on consolidating his fortune at the expense of the Argentinian people, while already setting his sights on Spain.