Himalayan Griffon, Jatayu Restaurant, Pithauli, Nawalparasi.

Egyptian Vulture, Pokhara.

The vulture funds have raised greed to a new level.

So the perception is that the vulture of impunity is flying free, preparing to continue its feast.

But does the uncertainty now circling Blair like a vulture now smell the appetizingly foul scent of a lie?

Such contracts should also include collective action clauses, which make it impossible for vulture funds to hold up debt restructuring.

Small purchases at current panic prices, vulture fund style, are always possible, but they do not promise substantial debt relief.

Small purchases at current panic prices, vulture fund style, are always possible, but they do not promise substantial debt relief.

It is like the Syrian child washed up on a European shore, or the Sudanese child being stalked by a vulture.

The fact that the International Monetary Fund, the US Department of Justice, and anti poverty NGOs all joined in opposing the vulture funds is revealing.

The state can now be subject to litigation by vulture funds which possess the bonds, similar to the example of what happened in Argentina in 2005.

President Obama s recently announced appointees to the fiscal control board promise neoliberal economic austerity to do the bidding of vulture hedge funds, as well as social unrest.

Likewise, polls and elections signal the ascent of populists across Europe, while financial markets vulture like behavior stems from the cynical calculation that the EU lacks the wherewithal to restore its credibility.

But a few vulture funds most notoriously the hedge fund Elliott Management, headed by the billionaire Paul E. Singer saw Argentina s travails as an opportunity to make huge profits at the expense of the Argentine people.

That task was outsourced to Banco del Pacífico, which bought the soon to be defaulted Ecuadorian paper at 20 cents on the dollar and above a level low enough for a deep haircut but high enough to fend off vulture investors.

What is also certain is that, not including the votes of subsidiaries, the Vitro creditors who fought against it in the US courts, namely vulture funds such as Aurelios Capital, Aurelios Convergence, Elliot International and Liverpool Limited, did not achieve a majority.

It is indicative that the latest Pew Research Survey in late May reveals unanimity about who the least hardworking Europeans are southerners, especially Greeks. Likewise, polls and elections signal the ascent of populists across Europe, while financial markets vulture like behavior stems from the cynical calculation that the EU lacks the wherewithal to restore its credibility.

As a child, the future Saint Rose of Lima suffered from an illness that made it impossible for her to move her legs, Her mother wanted to offer her some relief with a local remedy, and covered Rose's legs with vulture skins, something that would eventually aggravate the little girl's woes, which she suffered in silence.

The default threat was a way to depress bond prices in secondary markets, only to buy them back at a discount through the back door. That task was outsourced to Banco del Pacífico, which bought the soon to be defaulted Ecuadorian paper at 20 cents on the dollar and above a level low enough for a deep haircut but high enough to fend off vulture investors.