Sunday December 4th from 2-5pm, join Existence is Resistance and Friends of Congo for our second protest against Wall Street Vulture Peter Grossman.
Vulture Fund FG Hemisphere run by American financier Peter Grossman is trying to collect on a $100m debt from the Democratic Republic of Congo. The current debt is based on an initial $30 million loan he purchased from Bosnia’s former Prime Minister Nedzad Brankovic for only $3 million.
Grossman has tried to seize the DRC’s Washington Embassy as down payment on the debt, but this was blocked by US authorities. His company tried to claim the debt once more in the US, and again in Hong Kong, before attempting in Jersey, an island that is a British Crown dependency.
The country is one of the poorest in the world, ranking last at 187 on the United Nations 2011 Human Development Index. Peter Grossman’s Vulture Fund is attempting to deny the impoverished people of the Congo of their right to basic human needs. When questioned whether he thought that his collection of the debt was fair, Grossman replied, “Yeah, I do, actually.” Adding, “I am not doing anything wrong. I am collecting a legitimate debt.”
Meet at Fulton St & Waverly Ave in Brooklyn, NY 11238 (Clinton/Washington Stop off of the C Train). We will march from the intersection to 300 DEKALB AVE to the residence of FG Hemisphere’s Peter Grossman.
For more on Grossman’s theft of Congo’s resources, view these links:
Monday December 5th, Greg Palast, the author who exposed Peter Grossman’s criminal conduct will be releasing his book about this very subject called Vulture’s Picnic.
The event is presented by WBAI and will be held at the Community Church of New York, 40 E 35th Street – between Park & Madison at 7pm. Check out link below on purchasing tickets to the book launch.