I-Banks: Asian Investment Scorecard
You can't tell your players without a scorecard, so here is a quick list of the major U.S. investment banks and the Asian investor who has made a recent cash infusion:
| Bank | Investor | Amount |
| Morgan Stanley | China Investment Corp | $5b |
| Merrill | Temasek (Singapore) | $5b |
| Citigroup | Abu Dhabi | $7.5b |
| UBS | Singapore Investment Corp | $9.75b |
| Bear Stearns | Citic | $1b |
The interesting thing here, of course, isn't the dollars, per se. It's the speed with which this all came together, given the high-profile targets and the Asian capital, and how blithely usually skittish U.S. politicos gave it a pass. What happened to the ports scandal of a few years ago? Isn't financial data more precious than ports? How long until foreign control of the U.S. (investment) banking system becomes a political crises this election year?
Don't get me wrong. I'm not saying this needs to be a scandal, at least not, bank misbehaviors aside, the investments themselves. But it is remarkable how dull we all are if we think that this won't eventually cross from economic to political.
Updated: Error in prior version.
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