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Recommend Greg Palast - Goldfinger eats Congo (Email)

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http://www.opednews.com/articles/Goldfinger-eats-Congo-by-Greg-Palast-111123-358.html 

November 23, 2011

By Greg Palast

If God doesn't give a rat's ass about The Vulture, and what he does for a living, and what he's done for Africa, why should I?

The thought struck me while sitting here, coffee getting cold, in my old Toyota, trying to look invisible, staked out in front of 300 Dekalb Avenue.  It's just after dawn here in Brooklyn, New York, and I'm hoping that Peter Grossman, a Wall Street star, will pop out of his posh brownstone for a jog or a cup of joe.  Then I can jump him.  He's on the look-out for me because I'd already jumped his crony, Goldfinger, the man who's making Grossman stunningly rich.

Grossman's riches, nearly $100 million for his firm, FG Management, come from the Congo.  I was just there in Congo, two days before this stake-out, at a cholera quarantine center in the capital, Kinshasa.

Besides lots of cholera, Congo has lots of cobalt.  Grossman has, through a crazy legal loophole in British law, waylaid a payment of $80 million to the African government for a shipment of cobalt from a government-owned mine.

Grossman is a "vulture," the name Wall Street gives, with an affectionate smile, to those who somehow can get their hands on old, forgotten debts of desperately poor nations----Congo, Zambia, Peru, and Liberia are cases I've investigated----which they pick up for pennies on the dollar of face value.


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