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Old 26-06-08, 11:50 AM   #1
gettin2dizzy
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Default Sovereign Wealth

So Barclays has sold 8% of itself to the Qatar royal family. Who let that happen?! They've already demonstrated their incompetence at Sainburys as well as others by almost running these British companies in to the ground. This is a really really bad move... 'Sovereign' funds are allowed to be completely opaque, allowing a lot of dishonest operations to go on, unoticed. Scary stuff
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Old 26-06-08, 02:44 PM   #2
Ed
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Default Re: Sovereign Wealth

Tsk. Shares for oil
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Old 26-06-08, 02:57 PM   #3
gettin2dizzy
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Default Re: Sovereign Wealth

It's just the idea that we're selling our companies to foreign investors. That means money is only going one way, and in to some 'questionable' hands.
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