Sovereign funds lose out after bank bail-outBY MICHELLE BALTAZAR | TUESDAY, 24 FEB 2009 12:55PMThe US government's move to potentially have direct share ownership in the banks bailed out during last year's crisis could dilute the returns of sovereign wealth funds and pensions funds that hold stake in US finance stocks. |
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![Phil Usher](https://media.financialstandard.com.au/prod/media/library/Contacts/cwyzorar-0002_featured_profile.png)
Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. Andrew McKean writes.