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.
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In This Issue
- Catholic investing in changing times
- Editorial: Go beyond a foot-stomping 'no'
- NCR earns 'General Excellence' honor for 14th time in 15 years
- Special Section: Spirituality [Print only]
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Review: Struggle, Condemnation, Vindication: John Courtney Murray's Journey toward Vatican II, Part IIby Michael Sean Winters Distinctly Catholic
by Nuri Vallbona Immigration and the Church