Posts made in November 18th, 2012

Rolling Jubilee

Rolling Jubilee: Buying Up Distressed Debt, Occupy Offshoot Bails Out the People, Not the Banks WATCH THIS An offshoot of Occupy Wall Street has launched a new movement called “Rolling Jubilee” to buy distressed debt from financial firms, often for pennies on the dollar, and then canceling it so that borrowers do not have to repay. The people who incurred the debt in the first place...

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