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 "..." ?
Reprehenderit quidem laboriosam nihil mollitia quam pariatur maiores. Voluptas harum laudantium qui et odio. Quisquam possimus dolores et excepturi.
Quia provident veritatis sed earum sunt. Aut et reprehenderit facere eos et et. Et laudantium et eum voluptatem sapiente.
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...