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| User Info | subprime bankrupting small towns in Norway; entered at 2007-12-01 12:36:42 | |||
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Varg Posts: 305 Registered: 2007-12-01 Vestfold 
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Hi guys and girls. Thanks for a great forum! Keep it up. I came in on the bin Laden-trade-thread, and have stayed. You are both funny and interesting. Pressure is building in Norway to sell City shares hold by the Pensionfund. We have a socialist secretary of finance, and the Fund has exited companies on ethical concerns before. The Fund holds Citi-shares for 7 billion Nok, about 1.27 B Usd. It was in the news late on Friday. Unfair, IMHO. City sold sub-prime to Norwegian Security House Terra, who marketed it to small municipalities in Norway. Blame it on the TERRA-rists. 2007-12-01 12:36:42
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