Paul Singer, the founder and co-CEO of Elliott Investment Management (formerly Elliott Management), is widely known for his hedge fund’s aggressive “vulture fund” tactics. These involve buying distressed debt—often sovereign bonds from countries or debt from struggling companies—at steep discounts (sometimes pennies on the dollar) and then pursuing full repayment (plus interest and fees) through relentless litigation, often in favorable U.S. courts. Critics label this predatory, as it can exacer
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