Out-of-touch Taoiseach heavily criticized for advocating vulture funds – TheLiberal.ie – Our News, Your Views

Out-of-touch Taoiseach heavily criticized for advocating vulture funds




Elitist and out-of-touch Taoiseach Leo Varadkar has come under heavy criticism again.

This time, he staunchly advocated for so-called vulture funds, whose ethos centres on preying on asset-stripping those who find themselves in financial distress, and a particular emphasis on evictions for profit.

Despite these well known and generally despised practices, Mr. Varadkar remarked that the term vulture funds is too harsh.

Speaking on Christmas Day, the Taoiseach commented that these entities will do a good job clearing the bank’s balance books.

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