Saturday, November 10, 2012

Occupy Wall Street Launches ‘Rolling Jubilee’ To Buy Up And Forgive Debt

Occupy Wall Street Launches ‘Rolling Jubilee’ To Buy Up And Forgive Debt: Members of Occupy Wall Street — various branches of which have recently been saving families from foreclosure and aiding victims of Hurricane Sandy — have launched a new initiative. Coined the “Rolling Jubilee,” Occupiers are raising money to buy distressed debt from financial firms. But while purchasers of debt usually hound debtors in order to [...]/p