jules4128
Feedback please- these Funds are exploding in popularity. With Merrill Lynch raising $6.6 billion from preferred shares to investors that include Kuwait Investment Authority, and Saudi Arabian Prince Alwaleed and the Singapore government injecting $7.5b into Citigroup (4.9% stake to Abu Dhabi), not to mention UBS obtaining $9.75b from Singapore’s largest sovereign wealth fund… is this potentially the creation of the next bubble? With banks all across the board getting a good shelacking from subprime, what are the implications of these magical funds? I am skeptical of the nature of these funds… what’s your prediction?
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Feedback please- these Funds are exploding in popularity. With Merrill Lynch raising $6.6 billion from preferred shares to investors that include Kuwait Investment Authority, and Saudi Arabian Prince Alwaleed and the Singapore government injecting $7.5b into Citigroup (4.9% stake to Abu Dhabi), not to mention UBS obtaining $9.75b from Singapore’s largest sovereign wealth fund… is this potentially the creation of the next bubble? With banks all across the board getting a good shelacking from subprime, what are the implications of these magical funds? I am skeptical of the nature of these funds… what’s your prediction?
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Category: Wealth Creation
Tag: Feedback, Saudi Arabian Prince