Category Archives: U.S. Economy

IMF to boost transparency of sovereign wealth funds

In China, the Xinhua News Agency reported today on the work the IMF is doing to establish a best practice blueprint for sovereign wealth funds. Currently 36 countries or regions have SWFs, with assets worth some 2.5 trillion U.S. dollars. … Continue reading

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Goldman, Lehman outlooks cut to negative by S&P

(March 21, 2008) – Here’s a wild idea. Why don’t we come up new ratings agencies that actually tell you whether the company will be able to pay its debts in the future instead of the past? Read this article … Continue reading

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