Thursday, February 14, 2008
US Treasury says don't restrict wealth funds
A senior U.S. Treasury Department official warned on Wednesday that Congress risks retaliation against U.S. companies overseas if it proposes laws to force sovereign wealth funds to disclose more about the purposes of their U.S. investments.
However, the chairman of the congressional Joint Economic Committee said with Middle Eastern and Asian wealth funds taking huge stakes in companies like Citigroup, Morgan Stanley and Merrill Lynch, concern was rising about the impact on the U.S. economy and to national security...
Reuters: US Treasury says don't restrict wealth funds
However, the chairman of the congressional Joint Economic Committee said with Middle Eastern and Asian wealth funds taking huge stakes in companies like Citigroup, Morgan Stanley and Merrill Lynch, concern was rising about the impact on the U.S. economy and to national security...
Reuters: US Treasury says don't restrict wealth funds
Permalink posted by markw @ 7:16 AM 
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