Sovereign Funds Now Prefer Hoarding Cash to Rescuing U.S. Financial Firms

Some large sovereign wealth funds in the Middle East have been hoarding cash, much like the hedge funds and institutional investment funds that have been running for cover.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/10/14/business/worldbusiness/14wealth.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2008/10/14/business/worldbusiness/14wealth.html” border=”0″//a/span