From Bloggingstocks.com: When the global markets entered the credit crunch, sovereign wealth funds (SWFs) funneled billions of dollars into a variety of struggling companies, especially financial institutions like Citigroup and Merrill Lynch.
Alas, the transactions have shown tremendous losses. True, SWFs are focused on the long-term, which may extend into decades. But the extent of the losses were certainly jarring…. Full Article: Source