22.10.2008 - SWFs will continue bailout
From Livemint.com: If governments in the US and Europe have acted sufficiently to avert the failure of large financial institutions, then buying now is as good a time as any. Leveraged sovereign fund investors also often rely on Western banks to help conduct their operations. That’s particularly true of the Gulf where regional and local banks lack experience and scale. Large foreign banks are needed there to coordinate financing above the $500 million mark..... Full Article: Source