Bankster Crime

Exposing Fraud in the Banking System

Coffee Bean Direct

Wealth Fund Lost $21 Billion

World’s Biggest Sovereign Wealth Fund Lost $21 Billion In First Half 2020

Readers may recall in April that Norway’s sovereign wealth fund, the world’s biggest, posted record losses for 1Q20 as the virus pandemic wreaked havoc on global markets.  For more color on the losses, the $1.15 trillion sovereign wealth fund posted a $21.27 billion loss (-3.4%) over the first half of…