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Wall St. Landlords Coming To A Cul-de-Sac Near You

AFRICANGLOBE - There have always been slumlords, but what we're seeing right now with Wall Street firms like Blackstone buying up home after home, renting them out, and then using rental payments as the basis for derivative securities is something new and totally dangerous.

Nigeria Sovereign Wealth Fund Appoints Investment Firms To Manage Stabilization Fund

AFRICANGLOBE - Nigerian Sovereign Wealth Fund (SWF) says it has appointed three investment firms, Goldman Sachs, UBS and Credit Suisse as assets managers for its 20 percent stabilization fund.