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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

US Deputy Secretary discusses importance of SWFs

Posted on 14 October 2008

From Rttnews.com: Deputy Secretary Robert Kimmitt spoke about the importance of Sovereign Wealth Funds Monday. Kimmitt called the global financial crisis “an historic reassessment of risk in the world’s financial markets.”

He said, “The United States and other countries are taking steps to provide much needed liquidity to the financial system; strengthen financial institutions; protect investors; and enhance market stability.”…. Full Article: Source


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