financial markets: Sovereign Wealth Funds. Who's your "daddy". - 12/27/07 07:28 AM
Ok folks, I'm writing today to get some input on Sovereign Wealth Funds(SWFs). I read an article the other day in Time magazine mentioning the fact that foreign countries, specifically, China, Indonesia, Saudi Arabia, Abu Dhabi, Singapore, Norway and a few others are investing large amounts of money in our financial markets.
From what I understand, these SWFs are controlled by the governments and have been aggressively purchasing shares in Citi Group, Merrill Lynch, Morgan Stanley, Barclays and Bear Stearns to name a few.
It seems the interest in these markets has skyrocketed since the sub-prime fall out in April of this year. … (61 comments)

 
Bryant Tutas, Selling Florida one home at a time (Tutas Towne Realty, Inc and Garden Views Realty, LLC) Rainmaker large

Bryant Tutas

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Winter Garden, FL

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