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The ill wind inducing this dilemma for Google was the Securities and Exchange Commission rule that requires a registrant with investments (excluding US Treasuries) that exceed 40% of its total assets to follow the much-stricter rules applicable to mutual funds - a fate that Google wanted to ...
Treasuries. Barclays claims to have paid this back, adding that much of it went to purchase Lehman Brothers assets, confirming that the U.S. taxpayer financed that purchase. The next on the list was Inter-Alpha's Royal Bank of Scotland with $446 billion; Bank of Sc...