This is interesting -
http://online.wsj.com/article/SB10001424052748703…
In view of this -
(Larry Summers had criticisized SWFs in 2007)
http://www.ft.com/cms/s/2/bb8f50b8-3dcc-11dc-8f6a-0000779fd2ac.html#axzz1IIOz44dh
Especially the following part -
Apart from the question of what foreign stakes would mean for companies, there is the additional question of what they might mean for host governments. What about the day when a country joins some “coalition of the willing” and asks the US president to support a tax break for a company in which it has invested? Or when a decision has to be made about whether to bail out a company, much of whose debt is held by an ally’s central bank ?
What do you guys think ? How realistic is this risk of SWFs misusing (???) their "..." ?
Vero aut eius ab. Quos voluptates est dignissimos nam consequuntur. Repellendus est quam id eius qui fugiat totam. Corrupti consequatur vel ipsum iusto quo sunt. Cupiditate et illum est illum.
Iste cupiditate eos dignissimos est deserunt. Deserunt et autem deleniti deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...