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Reuters: Sovereign wealth funds not harmful: U.S. officials

Started by chris, March 06, 2008, 02:01:03 AM

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chris

Sovereign wealth funds not harmful: U.S. officials
      


WASHINGTON (Reuters) - Sovereign wealth funds, which have drawn criticism for recent multibillion-dollar injections into battered U.S. banks, are a good thing, but could be more transparent, officials said on Wednesday.
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