19.03.2012 - Australia: There is no rational for sovereign wealth fund here
The renewed call, especially by former master of the Goldman Sachs money-making universe Malcolm Turnbull, for an Australian sovereign wealth fund, made an amusing and instructive counterpoint to the shemozzle over the selection of the next chairman of the Future Fund. It could all be encapsulated in two thoughts. Perhaps the Future Fund should be renamed the Past Fund, in a small effort at promoting truth in politics...............................................Full Article: Source
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