Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 6 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds   

Hedge Funds Have Human Rights Too

By       (Page 1 of 1 pages) (View How Many People Read This)   2 comments
Author 38168
Message Daily Kos
Hedge Funds Have Human Rights Too

By Armando
Discussing The Law: TalkLeft's View On Law and Politics

 

The latest in corporations are people too :

Hedge funds have been known to use hardball tactics to make money. Now they have come up with a new one: suing Greece in a human rights court to make good on its bond payments. The novel approach would have the funds arguing in the European Court of Human Rights that Greece had violated bondholder rights[.]

It's probably just a semantic question (this may be the court with jurisdiction over the subject matter), but it is certainly funny, in a strange way, to see hedge funds suing in a human rights court. The optics are not the best. The legal argument goes as follows:

Legal experts suggest that the investors may have a case because if Greece changes the terms of its bonds so that investors receive less than they are owed, that could be viewed as a property rights violation -- and in Europe, property rights are human rights.

(Emphasis supplied.) Ron Paul might say "We are all Europeans now!" And Mitt Romney might consider apologizing for America not agreeing that property rights are human rights.

 

Interesting 2   Valuable 2   Must Read 1  
Rate It | View Ratings

Daily Kos Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

articles reprinted from Dailykos.com

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Just Read FBI Deputy Director McCabe's Statement Regarding His Firing By Trump... Just Read It.

Rush Limbaugh's Sponsor List

Comcast favors Fox News, charges $204 more for MSNBC package. ACTION NEEDED

A Christmas Present From Hucky Boo Boo Sanders, She's Leaving WH The End Of The Year

Ron Paul takes lead In Iowa, Newt Gingrich falls off cliff

Republican Bill Bans Non-Church Marriages

To View Comments or Join the Conversation: