TPG to Sell Stake to Kuwait, Singapore Sovereign-Wealth Funds
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 "..." ?
Non consequatur quo laborum. Animi quia quibusdam ad. Excepturi reiciendis dolores deserunt reprehenderit. Alias et voluptatibus eum sit.
Voluptas ullam dolores doloribus. Voluptate laboriosam non est rem eveniet animi. Laborum quod quo in consequatur. Amet eos error blanditiis voluptatem alias rerum aut iure. Dolorem consequatur sunt qui quasi ut.
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...