Wednesday, February 27, 2008

Guerilla Theater at Treasury

The WSJ had a lengthy article on 26 February about opening sovereign wealth funds to outside scrutiny. In reading it I thought these "negotiations" about things like "best practices" were a sham and form of guerilla theater. Yves Smith (YS) has a nice post on this at on 26 February 2008. I have nothing to add to YS's comments.

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