Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (30910)	3/14/2008 5:02:57 AM
From: Elroy Jetson	Read Replies (3) \| Respond to of 217712

If Jay's rumor is true, it looks like the Singapore sovereign fund may already have made a massive loss on their 9% equity investment in UBS for $10 billion dollars. Quite a feat for an investment that is only two weeks old. I haven't heard of a single sovereign fund investment that has turned out well. These governments should refund the money in these funds to their citizens and let them shepherd their own investments. Sovereign funds, the new international patsy. .