Chris blogs on a very pertinent question for today … the long term impacts of severeign funds purchasing large holdings in British and US businesses including banks, will have long term implications, probably in ways that we have not considered.
The FinanSer: SWFs and Citigroup – Unethical or just Flash Players?
Bearing in mind their lack of transparency and potential threat to national interests, the idea of Chinese or Russian funds buying up large swathes of American and British businesses is something that many are wary of, and Sir Wim asked the question: should we be?
