Relevant:
- CIC Stops Buying Europe Government Debt on Crisis Concern
- More Printing Looms In Japan - Abe Threatens To Change BoJ Lawt; More Printing Looms In US - Fiscal Cliff Talks Fail Again
- World's Largest Sovereign Wealth Fund Is Forced To Begin Liquidating Assets
- The Risk of Sovereign Wealth Funds
- CP2 Seeks to Boost Assets With Buffett’s Approach
2007-11-29 — bloomberg.com
He says-"``The steady stream of sovereign wealth funds buying distressed assets tells us there is a buyer of last resort out there,'' said Robert Rennie, chief currency strategist in Sydney at Westpac Banking Corp., the fourth-largest Australian bank. He said that will encourage investors to buy higher-yielding assets."-I say Pump and Dump
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