Over the past decade, Argentina has been in the forefront of the fight against vulture funds. A vulture fund is a hedge fund through which investors buy up debt considered to be very weak, such as high-yield bonds in or near default, or equities that are in or near bankruptcy, for pennies and then go to court demanding payment at full value. The documentary "Birds of the Apocalypse" by filmmaker Eduardo Febbro explains the history and economic and political significance of Argentina's struggle to assert its sovereignty and defend its economy against such speculative investors. teleSUR
