Skip to comments.Obama, Soros create 'Palestine'( U.S. fund invested with Soros)
Posted on 03/02/2011 6:28:08 AM PST by opentalk
JERUSALEM In partnership with a government fund initiated by Barack Obama, philanthropist and billionaire activist George Soros is investing in a private equity company that just launched in the Palestinian territories.
The company, Siraj Fund Management Company, says it was created "for the sole purpose of managing investment funds in Palestine."
The new company's website repeatedly refers to what it calls the "country" of "Palestine." There is, however, no such country as Palestine. Siraj is apparently referring to territories controlled by the Palestinian Authority.
...This week, Siraj Fund Management Company, the first private equity fund in the Palestinian territories, officially launched in the West Bank city of Ramallah.
Soros' Economic Development Fund invested in the new group alongside the U.S. government-owned Overseas Private Investment Corporation, or OPIC.
OPIC is an independent agency of the US government that mobilizes private sector investment in new and emerging markets overseas.
In 2009, OPIC created its Global Technology and Innovation Fund, which invested in Siraj, in response to an initiative by Obama to launch an investment group to support technological development in Muslim-majority countries.
The initiative followed Obama's historic address to the Muslim world from Cairo, Egypt in June 2009.
(Excerpt) Read more at wnd.com ...
Obama and his puppetmaster unplugged.
OPIC ??? WTF SHUT IT DOWN
how does this fund figure to provide any kind of return on investment?
the only industry in “palestine” aside from gun-running, home study courses in bomb vest design, and jihad tourism to Yemen and Pakistan - seems to be begging for and squandering international grants, loans, and donor funds
Territories controlled by the Palestinian Authority,Soros kind of people.A jew with wealth who hates jews is a dangerous thing.
The Siraj Fund Management Company (SFMC) is a specialized Palestinian company, founded by Massar International for the sole purpose of managing investment funds in Palestine.
Principal Investment Professionals
HUDA EL JACK
WASHINGTON - MARCH 26, 2009: Soros Fund Management Chairman George Soros speaks during a discussion at the New America Foundation March 26, 2009 in Washington, DC. Soros described to the audience what a sensible strategy for economic recovery might look like.
Soros’ Economic Development Fund invested in the new group alongside the U.S. government-owned Overseas Private Investment Corporation, or OPIC.
Established as an agency of the U.S. government in 1971, OPIC enables U.S. businesses to create revenues, jobs and growth opportunities at home and abroad.
Board of Directors
Deputy U.S. Trade Representative
Dr. Rajiv Shah
U.S. Agency for International Development
Elizabeth L. Littlefield
President and Chief Executive Officer
Overseas Private Investment Corporation
Francisco J. Sánchez
U.S. Department of Commerce
Seth D. Harris
Deputy Secretary U.S. Department of Labor
Under Secretary for Economic, Energy & Agricultural Affairs U.S. Department of State
Under Secretary for International Affairs U.S. Department of the Treasury
Samuel E. Ebbesen
(General, USA, Ret.)
Chief Executive Officer
Omni Systems Inc.
Christopher J. Hanley
International Union of Operating Engineers
C. William Swank
Retired Executive Vice President
Ohio Farm Bureau Federation
Michael J. Warren
Albright Stonebridge Group, LLC
Kevin G. Nealer
Principal & Partner The Scowcroft Group Washington, DC
Dianne Ingels Moss
President & Owner
Cartera Investment Corporation
Patrick J. Durkin
New York, New York
President and CEO
Overseas Private Investment Corporation
Elizabeth Littlefield was sworn in as OPICs tenth President and CEO on June 24, 2010. Ms. Littlefield was previously one of the World Banks senior spokespeople on microfinance and the Chief Executive Officer of the Consultative Group to Assist the Poor (CGAP)
Principal and Partner
The Scowcroft Group
Kevin Nealer was sworn in as a member of OPICs Board of Directors on January 20, 2011.
Prior to joining The Scowcroft Group, Mr. Nealer served as a trade and international economic advisor to the Senate Democratic Leadership, was a Foreign Service Officer with the State Department.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.