Dollars and Jens
Thursday, October 25, 2007
Chris Cox on Sovereign Wealth Funds
Here's what I did tonight.

The theme is that governments are increasingly participants in financial markets, and there's a conflict of interest in the referee being a player in the game. He seemed to clearly avoid saying that governments should not set up sovereign wealth funds; he just pointed out that it presents an important change from the environment we're used to.

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