Sovereign Wealth Funds

Sovereign wealth funds have bailed out some of Wall Streetsbiggest players. On January 15th the governments of Singapore,Kuwait and South Korea provided a $21 billion dollar bailoutto Citigroup and Merrill Lynch, who had both posted large lossesin the wake of the sub-prime fallout. Most recently there hasbeen a backlash over allowing the Chinese sovereign wealth fundto own oil firms. But even as these financial giants are providingmuch needed cash to the markets, there are legitimate concernsabout how these funds operate and their potential influence inthe marketplace....