Occupy Wall Street activists buy $15m of Americans' personal debt

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The Guardian - 11/12/13, Adam Gabbatt

Occupy Wall Street
'Our primary purpose was to spread information about the workings of this secondary debt market,' said Andrew Ross. 
Photograph: Spencer Platt/Getty Images

 

"Our purpose in doing this, aside from helping some people along the way – there's certainly many, many people who are very thankful that their debts are abolished – our primary purpose was to spread information about the workings of this secondary debt market."

"Very few people know how cheaply their debts have been bought by collectors. It changes the psychology of the debtor, knowing this.

More: TheGuardian.com

 

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