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In case you have not yet accustomed to Sovereign Wealth Funds (SWF in short), get used to it. In the coming decade they will be a major force to reckon with and the ones who are going to influence a lot of decision making process which in one way or other [...]
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Markets have been dancing pretty well to the tunes of Fed, President Bush and some SWFs. To me, Govt’s intervention to re-define contracts between two parties indicates how serious the trouble is. It’s quite fascinating to see what’s going-on (of course only when someone is not hurt and watching from distance). [...]
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