"But despite the tremors to which it is still subject and which still render it vulnerable, the government has resolutely committed itself to creating conditions which can give confidence to local investors and attract foreign investment."
VOA: standard.2009.09.09
The SBA has made horrendous blunders in the recent past, including, most significantly, mismanagement of the localgovernmentinvestment pool.
Witness the Nov. 6 revelation that the Florida State Board of Administration is being investigated by the SEC for possible fraud involving the localgovernmentinvestment pool it managed.
While the spectacular demise of the localgovernmentinvestment pool horrendously mismanaged by the State Board of Administration (with billions still unaccounted for) should have humbled the SBA, it appears that having escaped well-deserved harsh criticism regarding the matter the SBA has been emboldened.