Sovereign funds investing big in US companies-but government doesn't know where
Posted by Editor on October 06, 2008 at 10:53 PM
Financial Week reports that, “Sovereign wealth funds have invested a good chunk of their assets in U.S. companies, spending more than $43 billion from January 2007 through June 2008. But many of those investments are not disclosed and indeed are only loosely tracked by U.S. agencies, according to a study published today by the Government Accountability Office.”
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