U.S. Congress - H.R.2932 Stop VULTURE Funds Act
H.R.2932 - Stop VULTURE Funds Act
To prevent speculation and profiteering in the defaulted debt of certain poor countries, and for other purposes. view all titles (3)
All Bill Titles
- Official: To prevent speculation and profiteering in the defaulted debt of certain poor countries, and for other purposes. as introduced.
- Short: Stop VULTURE Funds Act as introduced.
- Short: Stop Very Unscrupulous Loan Transfers from Underprivileged countries to Rich, Exploitive Funds Act as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
|
|
|
|
|
|
|
|
Latest Action Jul 23, 2009Referred to the Subcommittee on Cour... Related Bills (0) & Issues (8) Users Tracking H.R.2932 (4)
Official Summary
6/18/2009--Introduced.Stop Very Unscrupulous Loan Transfers from Underprivileged Countries to Rich, Exploitive Funds Act or the Stop VULTURE Funds Act - Prohibits:(1) any U.S. person from engaging in sovereign debt profiteering, or any person at all from engaging in such profiteering in the United States; and
(2) any U.S. court from issuing a summons, subpoena, writ, judgment, attachment, or execution in aid of a claim which would further sovereign debt profiteering. Sets forth required court disclosures in actions involving collection of sovereign debt.
...Read the Rest
Recent News Coverage
Advocacy Groups Decry Profiteering by Vulture Funds
...and the UK government to prevent the further misuse of US and UK courts for debt profiteers. The Stop VULTURE Funds Act, H.R.2932, introduced by Representatives Maxine Waters and Spencer Bachus on June 18 of this year, would prohibit sovereign debt prof
Congress Acts to Tame Prowling Vulture Funds
HR 2932 is a key step in protecting developing countries from Vulture Funds. Now the legislation needs support by the full House and to move forward for ...
Recent Blog Coverage
View All (50)
|
View Top Rated
Stop Feeding the Vultures -- In These Times
has sponsored the “Stop VULTURE Funds Act” (H.R. 2932), which mirrors what Britain and other nations have done: put the financial corpse-chewers out of business. Congress should pass it now. Help In These Times publish more articles ...
Vulture Funds: Ugly Name for an Ugly Reality « SND – Justice ...
The Stop Vulture Funds Act (HR 2932), is a bill in the House of Representatives that would prevent vulture funds from making excessive profit off the debt of the world's poorest nations. The bill was introduced by Representatives Maxine ...
Africa Policy Outlook 2010
Another key piece of legislation—The Stop VULTURE Funds Act, HR2932, introduced by Representatives Maxine Waters and Spencer Bachus on June 18—would prohibit sovereign debt profiteering from poor countries and require greater levels of ...
Bill's Views
- Today: 3
- Past Seven Days: 13
- All-Time: 723
88%
Users Support Bill
7 in favor / 1 opposed-
Share This Bill
More Share via Email
