Comment: Sovereign Wealth Funds

(See in situ)


Sovereign Wealth Funds

http://topics.nytimes.com/top/reference/timestopics/subjects...

http://www.gfmag.com/tools/global-database/economic-data/121...

On December 21, 2000, President Bill Clinton signed a bill called the Commodities Futures Modernization Act. This law ensured that derivatives could not be regulated, setting the stage for the financial crisis.

http://www.nakedcapitalism.com/2012/05/its-not-about-reelect...

The U.S. Treasury has been quietly negotiating behind the scenes with Dubai and the other Persian Gulf states to set terms for the petrodollars in the massive Sovereign Wealth Funds to return to the U.S. as early as this year. The Arab states are eyeing major investments in U.S. banks and security firms now struggling to meet capital requirements while their asset portfolios remain loaded with troubled and sometimes near-worthless collateralized loan obligations, including collateralized mortgage obligations.

http://mobile.wnd.com/2008/04/61020/

These people get paid on the way in and on the way out...