Analysis: Washington State Investment Board Comprehensive Annual Financial Report(CAFR) 2010
Posted by nowisthetimeus on February 3, 2012
Analysis:
Washington State Investment Board
Comprehensive Annual Financial Report(CAFR) 2010
Investments in Commercial Banking Cartel
$5.1 billion
Investments in Foreign Quasi-Public Banking Institutions/Foreign Governments
$530.1 million
(This includes $177.5 million in much-reviled World Bank)
Investments in Predatory Transnational Corporations Other Than
Commercial Banks
$91.1 million
Investments in State-Based Public Corporations
Paying Virtually No State Income Taxes
$62, 5 million
(Boeing/Microsoft/Cosco)
Amount of State Taxes Major State-Based Corporations Would Pay If Paying Their Fair Share
$15 Billion
(This would wipe out the present alleged state deficit
six times over.)
Investments in Bank of America,
Washington State’s Financial Manager
$34.9/Nearly $35 Million
(BOA also receives millions for state government banking service fees)
Estimated Percentage of WIB Investments in Foreign Entities
Other Than US Government Bonds
95%
