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Mr Baker's bill calls for disclosures about distribution deals with brokers, so that investors can see how much of their money is being spent on something that boosts the fund company but not necessarily its investment performance.The mutual-fund industry is furious to find itself thus targeted.
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These boosted the fund's performance, helping it grow to $250 billion by mid-2007.
Officials at the finance ministry deny reports that it has already decided to boost the fund to ¥1 trillion with a government-guaranteed credit line.
The purchase will "boost the fund's capacity to help its membership — particularly the developing and emerging market countries — weather the global financial crisis, and facilitate an early recovery of the global economy," the fund said late Wednesday.
For the European plans to succeed, Sarkozy and others will need to find creditors willing to boost the fund, and Chinese reaction immediately gravitated to the sense that this help should not come cheap.
The proceeds from the sale are called the "premiums" and in this case, it can boost the fund's returns.
Mr Gurria said that the finance ministers of the 17 nations in the euro, who are meeting later this week, should boost the fund, adding that the current commitments are not enough to restore market confidence.
And SoftBank is planning to have the Vision Fund borrow an additional $9 billion or so to boost the fund's returns further and make more investments, Mr. Son told The Wall Street Journal after the press conference.
Senators also want to boost the funding of the SEC by more than the $100m which Mr Bush has proposed.
Firstly, and in spite of government attempts to boost the funds available, the money will eventually dry up.
Can a mix of donations and investments boost the funding for energy upgrades in low-income homes?
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