Wednesday, February 8, 2012

Greg Palast | Investigative Reporter#more-5692#more-5692

Greg Palast Investigative Reporter#more-5692#more-5692

It's out of the closet –– or, more accurately, out of the coven. The list of the billionaires who have given at least $1 million to Restore Our Future, the pro-Romney Super PAC, is headed by Paul Singer. Singer and his hedge fund crew at Elliott Associates, with their donations to the Republican National Committee and other "independent" groups like the Swift Boat campaign, makes it likely that Singer is now the top funder for the GOP.

...The carrion king is known as Singer The Vulture. I didn't give him the moniker. The name Vulture was tagged on him and his speculator colleagues by the Prime Minister of Britain and the World Bank. Recently, former Deputy Secretary-General of the UN Winston Tubman suggested I ask Singer or his business associates, "Do you know you're causing babies to die?"

What does this guy do—put poison in kiddies' milk? Worse: he takes away the milk.

Before I get to the story of his attack on African kids, let me tell you how Singer made his first billion, his first killing (and I don't mean that metaphorically): via an attack on victims of asbestos poisoning.

Background: The executives of a few asbestos companies, WR Grace, USG and Owens-Corning, knew that their asbestos factories were killing their workers. When caught and sued, the companies filed for bankruptcy, agreeing to pay almost all their earnings to those dying and injured by their asbestos.But Singer had a better idea. These companies, as you can imagine, were worth next to nothing; and Singer bought Owens-Corning for a song.

If he could cut the amount paid to the victims, Singer could boost Corning's value big time. So, a PR campaign was begun attacking the dying workers, saying they were all faking it.

BBC Reporter Greg Palast, one of best reporters out there, searches for Romney's sugar daddy

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