Greg Palast is back bashing vulture funds again: his Newsnight piece (web story here) aired last night, in slightly different form, on BBC World News America. The last time he mined this particular vein, I responded with a 5,500-word blog entry in defense of vulture funds, and I’m determined not to disappear down that particular rabbit hole this time, especially since all concerned — including Palast — seem to be much more constructive this time around.

So instead, let’s look at the anti-vulture bill which recently got passed by the UK parliament in second reading and which is supported by the UK government — but which still has various hurdles to pass before it becomes law. Time is short, before the UK general election, and the Conservatives, if they win (which they might not) don’t seem to consider this bill a priority; indeed, they’re forcing it to go through “full committee”, which takes me well past my level of understanding when it comes to UK parliamentary procedure.