The ‘Not a Game’ campaign questions this type of “predatory lending” that has had an impact on the crisis in Puerto Rico and other countries in the Latin American region such as Ecuador and Argentina
With banners in hand and images of vultures, activists from various organizations -grouped in the ‘Not a Game’ campaign- held a protest on Wednesday against companies that engage in this type of “predatory lending” that has had an impact on the crisis Puerto Rico and other countries in the Latin American region such as Ecuador and Argentina.
Organizers called on New York State to use its power to change the rules by which these vulture funds operate alongside a recent public comment from the Managing Director of the International Monetary Fund (IMF) who agreed with the urgency of the matter.
New York is home to millions of immigrants, including Puerto Ricans and Ecuadorians, who are directly affected by hedge funds like those of Steven Tananbaum of GoldenTree Investment and Paul Singer of Elliott Management. Their actions are destroying the lives of our families and the well-being of our communities. This is not a game, we are people.
Jesús González, National Organizer of the Center for Popular Democracy