Daily Archives: April 29, 2008

Gideon Rachman

One of the disadvantages of having my e-mail address printed in the paper is that I get a lot of weird people communicating with me. (I am not referring to the honoured readers of this blog.)

Most of the offers of cheap Viagra are caught in the FT’s capacious spam-filter. But I seem to get an awful lot of people trying to interest me in dubious-sounding business propositions. Most of them I delete without a second thought. But I think this particular communication has an unusual panache to it.

EMERALDS, FOSSILS AND RUBIES: YOUR VERY BEST ACQUISITION AGAINST ECONOMICAL CRISIS
 
GOOD DAY ULTRA-AFFLUENT PARTNER, DEAREST BROTHER:
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Gideon Rachman

It sounds like something from a political thriller by Michael Crichton. Arab sheikhs and Chinese communists amass billions of dollars. They wait for a moment of financial weakness in the US. Then they use their massive “sovereign wealth funds” to buy large stakes in strategic US firms. They secure places on the board. Then, at a crucial moment, they… Read more