Your concern is touching…

After a month of silence, meely-mouthed soft-pedaling and selective outrage, NOW it’s suddenly time to take action in defense of democracy. How touching. And typical.

Libya’s Hidden Wealth May Be Next Battle

LONDON — As the battle for Libya rages on, the struggle over control of the country’s sovereign wealth fund and its $70 billion in assets has just begun.

Established in 2006, the fund was used by Mr. Qaddafi in an effort to make the case that Libya was ready to open itself to the West. It helped draw into Mr. Qaddafi’s orbit a range of powerful figures, including the Rothschild family, Prince Andrew of Britain, the former European trade commissioner Peter Mandelson, the cream of corporate society in Italy and the American private equity investors Stephen A. Schwarzman of Blackstone and David M. Rubenstein of the Carlyle Group.

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