Take the Money and Run: Sovereign Wealth Funds and the Demise of American Prosperity

by Eric C. Anderson

Book Overview

In this book, an expert in the field explains why the United States is the world's largest debtor nation and how America's relationship to creditor states is of growing economic, diplomatic, and even national security concern. Foreign countries are not merely investing in U.S. corporations but are purchasing them outright: Abu Dhabi bought Citigroup securities, Kuwait purchased a large block Merrill Lynch stock, and China bought Morgan Stanley's convertible...

• Format: Hardcover
• Language: English
• ISBN: 0313366136
• ISBN13: 9780313366130
• Release Date: March 2009
• Publisher: Praeger
• Length: 264 Pages
• Weight: 1.32 lbs.
• Dimensions: 1.1" x 6.2" x 9.3"