Money Morning
18 Jun 2008
"The reality is that according to a Financial Times calculation the sovereign wealth funds, institutions and other investors that have poured $65 billion into cash-starved U.S. financial services companies since last October have lost $9.7 billion, or 15% of their initial investment. In some cases, like the monoline insurers, investors have lost 65% to 70% of their money in less than six months."
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