Thursday, March 27, 2008

Foreign Wealth Funds Defend U.S. Investments


"Muhammad al-Jasser of the Saudi Arabian Monetary Agency, which is forming a fund that may exceed $900 billion to become the world's largest, has said that 'it's like the sovereign wealth funds are guilty until proven innocent.' Sultan Ahmed bin Sulayem, head of Dubai World, which manages a $8 billion sovereign wealth fund, has warned critics in Western countries that if their money is not welcome, there are plenty of other places to invest."

Read More:washingtonpost.com:]

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