What is wrong with "vulture funds"? Well, it seems to me you answer your own question without interrogating the unstated assumption, there is a market solution to any economic conflict, which is a tenet of the ideology comprising finance capitalism. Detecting hypocrisy in the language of its advocates ought go without remark. For "information asymetry" as against the theory of perfect market information is but one arbitrage exploited by sellers to extract profit from buyers.

A more disturbing association, to my mind, is how the author internalizes death, death of capital formation and investment, represented by this home "owner" is "carion" to the "vulture." Doubtless the reporter is conversant with the fashion and financial mechanics of private equity agents extorting IMF and World Bank clients. For example

Debt Advisory International (DAI) On Thursday 15 February a high court judge in London will rule whether a vulture fund can extract more than $40m from Zambia for a debt which it bought for less than $4m.
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Kensington International Critics say Kensington International, a subsidiary of Elliott Associates, is a "vulture fund," an investment group that buys up Third World debt at discounted prices and then sues for the full amount or more in court.
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disambiguation  MUMBAI: Can the vulture nurture as well? Perhaps, it can. Distress asset funds (pejoratively called vulture funds) and distress asset arms of global hedge funds operating in India are increasingly beginning to focus on small and medium enterprises [SMEs], a segment which is the preserve of commercial banks.

By choosing such a term, the author glibly acknowledges that finance professionals are at long last consuming the dead, domestically. How long before wage-slave US consumers participating in 401(k) and pension plans discover their annuities derive from such equity- and asset-stripping activities in their own communities?

When pigs fly. "America" revels in its ignorance.

What frustrates and saddens me most is not only the socially acceptably, normative, psychopathy demonstrated by "financial cannibalism" in the US but the conspicuous absence of alternative remedies to depredations of so-called free enterprise. Before current even registering legislation to correct US Code regulating the industry is the abject failure to prosecute what are obvious fraudulent "business" practices. For example, the judicious opinion delivered by Hon. Jeffrey Bohm of Countrywide Financial Capital's institutional "incompetence." (How useful and ubiquitous that ascription has become!) Link to his 75pp "excuse" and choice quotes:

The problems at Barrett Burke and McCalla Raymer are not limited to training lawyers; there are other aspects of these firms' culture that is disconcerting. What kind of culture condones a firm signing an engagement letter which prevents its attorneys from communicating with its client? What kind of culture condones its lawyers preparing, signing, and filing motions to lift stay without having the client review the final version for accuracy? What kind of culture condones its attorneys signing proofs of claims without even contacting the client to review and confirm the debt figures? What kind of culture condones attorneys testifying to basic facts and then, at the next hearing, recanting the testimony on the grounds that the attorney had not sufficiently prepared to testify? And above all else, what kind of culture condones its lawyers lying to the court and then retreating to the office hoping that the Court will forget about the whole matter?

Mind you, the FBI is investigating CFC and WaMu among others pursuant to a separate suit of racketeering charges initiated by NY State AG, Andrew Cuomo, concerning property appraisal. Mr Cuomo, you will recall, was recently the object of racially-charged controversy concerning his use of the phrase "shuck and jive" to describe politicians' relationship to the press.

That's America for you. Watch out.

Diversity is the key to economic and political evolution.