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Occupy Wall Street activists buy $15m of Americans' personal debt | World news | theguardian.com


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Guardian, 12 Nov A group of Occupy Wall Street activists has bought almost $15m of Americans' personal debt over the last year as part of the Rolling Jubilee project to help people pay off their outstanding credit. Rolling Jubilee spent $400,000 to purchase debt cheaply from banks before 'abolishing' it, freeing individuals from their bills 'Our primary purpose was to spread information about the workings of this secondary debt market,' said Andrew Ross

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