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SWFs still interested in financial firms?

August 21, 2008 — 12:34pm ET | By Jim Kim
You would think that sovereign wealth funds have had enough of U.S. financial firms. Some of them have taken a real bath. Recall that Singapore's Temasek invested $5 billion in Merrill Lynch eight... Read more...

Another Merrill Lynch shocker: $5.7 billion more in write-downs

July 28, 2008 — 9:45pm ET | By Jim Kim
Fresh off a massive loss, Merrill Lynch announced it will write down another of $5.7 billion for the third quarter. Most of that stems from a move to finally get rid... Read more...