Comments on: "How sovereign wealth funds were left nursing multibillion losses" http://www.nakedcapitalism.com/2008/03/how-sovereign-wealth-funds-were-left.html Mon, 23 Nov 2009 06:07:28 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Yves Smith http://www.nakedcapitalism.com/2008/03/how-sovereign-wealth-funds-were-left.html#comment-5670 Yves Smith Sun, 23 Mar 2008 21:29:00 +0000 http://www.nakedcapitalism.com/2008/03/how-sovereign-wealth-funds-were-left-nursing-multibillion-losses/#comment-5670 Good catch. China bought Blackstone at its IPO price; I don't follow its stock but an article in the FT a few weeks ago said Blackstone's price had fallen by 50%. <br/><br/>And that's in dollar terms..... Good catch. China bought Blackstone at its IPO price; I don’t follow its stock but an article in the FT a few weeks ago said Blackstone’s price had fallen by 50%.

And that’s in dollar terms…..

]]> By: eh http://www.nakedcapitalism.com/2008/03/how-sovereign-wealth-funds-were-left.html#comment-5669 eh Sun, 23 Mar 2008 20:58:00 +0000 http://www.nakedcapitalism.com/2008/03/how-sovereign-wealth-funds-were-left-nursing-multibillion-losses/#comment-5669 My first thought was China's investment in Blackstone, but in the snippet you post it is not even mentioned; hasn't that also been, to date, a loser? My first thought was China’s investment in Blackstone, but in the snippet you post it is not even mentioned; hasn’t that also been, to date, a loser?

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