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Sunday, November 22nd, 2009

Posts Tagged ‘ CRZPY ’

Sarkozy Calls for European Sovereign Wealth Funds to Protect Assets

Oct 22nd, 2008 | By Jason Simpkins | Category: Financial News

Concerned about the recent decline in stock prices, French President Nicolas Sarkozy, yesterday (Tuesday) called for the creation of European sovereign wealth funds. The funds would be virtual carbon copies of the state-owned investment vehicles that have sprung up from Beijing to Abu Dhabi to disperse their respective nations’ cash reserves in foreign assets.

Tags: COMS, CRZPY, global credit crisis, Jason Simpkins, sovereign wealth funds
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