[A-List] Sovereign Wealth Funds

Michael Hudson michael.hudson at earthlink.net
Fri Jun 29 18:04:42 MDT 2007


Boy, would I have fund with a fund like this.
    First, I'd release a bad report on some currency or country -- but AFTER
I'd sold it short. Then, I'd buy. Then, I'd say something nice. Then, I'd
make a great gain.
    This is how Michael Milken raised the capital to fund the buyout
movement of the 1980s. He went to jail, but what the hell -- a sovereign
government is sovereign.
    Michael


On 6/29/07 4:00 PM, "Sabri Oncu" <sabri_oncu at yahoo.com> wrote:

> This is a lovely development, is it not? Henry, Anne, Michael H, any comments?
> 
> Sabri
> 
> 
>        
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