« Oracle Bids for BEA: The Software-less Software Industry | Main | Scrabble Gives Thumbs-Up to ORCL/BEA »

Latest Stories

• Excel Wankers and Recession Averages
• Sorry, New York is Closed. Check Back Later.
• Catching Falling 2009 Earnings Estimate Knife
• Survivorship Bias in Global Markets
• Talking Positions on a Lazy-ish Retirement Portfolio

October 12, 2007

The Real Trouble with Sovereign Wealth Funds

There is lots of buzz these days about sovereign wealth funds, so I just want to register an inane complaint. Why the hell are these large government-owned pools of money called sovereign wealth funds, or, worse yet, SWFs? The name is multi-syllabic and opaque, with it almost stupidly obvious that they were designed by financial politicos to disguise their purpose, rather than describe the darn things.

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it

Comments