This article was published by The McAlvany Intelligence Advisor on Wednesday, January 13, 2016:
Over time vultures have gotten a bad rap. Some refuse even to admit that the American Bald Eagle is a vulture, preferring to think of it as a magnificent example of strong individualism and pride. In fact they are birds of prey, scavenging the carcasses of dead animals or, in the case of the Bald eagle, swooping down to snatch an unsuspecting fish from the water with its powerful talons.
Vulture funds work in somewhat the same way. To put it crudely, they