The crisis in Puerto Rico is deepening and raining misery upon the poor & working people of the island. We are calling for a series of weekly demos beginning next week in front of the offices of several key hedge fund vultures. The first one will be at the offices of billionaire vulture John Paulson.

Thursday, August 13 from 11:30 am - 1:30 pm:
Paulson & Co.
1252 Ave of the Americas (bet 49th & 50th streets)
 

 John Paulson:
 Vulture activity in Puerto Rico: Hedge fund manager John Paulson, of the $19 billion Paulson & Co, has gone big on Puerto Rico. He has purchased $120 million in bonds and is also the largest investor in Popular, the territory’s largest banking concern. Furthermore, h...e is leading the move to the island by hedge fund managers ready to take advantage of the tax haven created by the Puerto Rican government in 2012.

Paulson has even considered moving to the island and has already purchased $1 billion in beachfront property and resorts – apparently part of his “distressed” real estate portfolio.

Other vulture activity: Paulson has been a major player in Greece, most notably buying up large stakes in its banks.

Billionaire wealth: Paulson is worth $11.2 billion. He is known for betting $15 billion against U.S. mortgages during the 2008 financial crisis, making $3-$4 billion personally.

Austerity politics: Paulson reinvests his fortune in politicians who push for low taxes and spending cuts, including Mitt Romney and Andrew Cuomo. His firm is a member of the Partnership for New York City, a big business group that promotes austerity policies in New York.