The U.S. Supreme Court has rejected Argentina's appeal of a lower court ruling in favor of predatory hedge funds that buy sovereign debt for pennies on the dollar and then seek repayment at full value. JubileeUSA, which had urged the court to rule against the vulture funds, has the story and their response here. This is very bad news and gives the lie to those who claim "rule of law" is sufficient regulation of markets.
NCR Email Alerts
Sign up to get NCR updates by email. Existing users: change your preferences here. Enter your email address in the box below and click “Go.”
In This Issue
- The rise of hope and a desire to change after Michael Brown's death
- Eden Foods' lawsuit against contraceptive mandate sparks boycott
- Maryland Catholic school finds its footing amid demographic shifts
- Special Section [Newspaper only]: Health & Well-Being PREVIEW
Not all of our content is online. Subscribe to receive all the news and features you won't find anywhere else.