11.12.2008 - Paving the way for SWF
From Nationaljournal.com: Sovereign wealth funds could play a significant role in improving the U.S. economy, holds Rep. Jim Moran, D-Va., co-chair of the House Task Force on Sovereign Wealth Funds. Moran argues that the U.S. should aggressively compete for SWF investments. At the same time, he is concerned that countries -- specifically China -- could use nontraditional mechanisms that do not fall under the International Monetary Fund's new voluntary SWF guidelines to make investments..... Full Article: Source