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Reuters: Fed staffer: Sovereign wealth funds boon to U.S. firms

Started by chris, March 05, 2008, 09:01:02 PM

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chris

Fed staffer: Sovereign wealth funds boon to U.S. firms
      


WASHINGTON (Reuters) - Sovereign wealth funds are growing fast but have been in the United States for years and recent high-profile injections into U.S. banks have been welcome, a senior Federal Reserve official said on Wednesday.
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