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Business Daily: Fighting the vultures

The Argentinian frigate La Libertad, detained in port in Ghana

14/11/2012

Fighting the vultures

BBC World Service - Business Daily, Fighting the vultures

The consequences of debt default: can Argentina fight off the vultures?

The consequences of debt default: can Argentina fight off the vultures?  And, sexuality in the City - does your sexual orientation still matter at work?

La Libertad - the Liberty - is a beautiful three masted sailing frigate owned by the Argentine navy. But, thanks to an American vulture fund, it is now anything but free - La Libertad has been impounded in a Ghanaian port. Justin Rowlatt asks the former President of the Argentine Central Bank, Mario Blejer, what it will mean for Argentina and the world if the country loses its battle with a so-called "vulture fund".

And, sexuality in the City.  We speak to two of the most senior gay people in the business world about whether sexual orientation still matters at work: Lord Browne, the former CEO of BP, and Ashley Steel, vice chair of the vast professional services company KPMG.

(Image: The Argentinian frigate La Libertad, docked in a port in Ghana, Credit: Reuters)

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