The New SWFs

Published January 28, 2008 2:22pm ET



Daniel Gross reports from Davos on an intriguing panel concerning sovereign wealth funds – those “enormous pools of government-controlled capital that have recently vaulted to prominence.” In summary: The sovereign wealth fund managers aren’t concerned about the institutions with which they are associated. They just want to make money. Former Treasury secretary and Harvard president has concerns, however. And his concerns are worth nothing.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.