Vultures' Picnic - Greg Palast Reviews

Vultures' Picnic - Greg Palast Non-Fiction Book

Description:ISBN 1780336519 /

Newest Review: ... the UK government still because it's so profitable and critical to our pension funds and so needs government support to go ... more

 ... into those risky ventures and territories like the Old Russian caucuses and the Middle East to make the big bucks. One such seedy involvement is Azerbaijan, the capital Baku the home of the first great oil rush back in 1919, Britain's uncomfortable relationship explored here and you understand fully why poor old Prince Andrew has to be shipped out there to do his royal oil diplomatic missions. President Aliyev is not a pleasant man and he is the guy who signs the cheques and so you have to be nice to him to get the dea...more

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Customer Vultures' Picnic - Greg Palast Reviews (1)

thedevilinme
Vultures' Picnic - Greg Palast: Oil that spoils and the sp-oils of war! (2893 words)
by - written on 02/04/13 (Very useful, 46 readings)
Rating:

A venture capitalists invests in a company likely to succeed in the marketplace and hence show a profit to the investor, Dragons Den style. A vulture capitalist, what this book is about, looks to invest in a firm likely to fail to earn a profit in the near term, often triggering the takeover clauses, resulting in forfeiture of some or all the assets of the company, with an eye towards selling off the constituent parts, hence showing a profit while destroying or hobbling the company. That was Richard Gere's job in Pretty Woman. HMV and Blockbuster Video are currently under that attack, as is Haiti and Cyprus, for example. The vultures are the maggots of capitalism that ...  Read the complete review