Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (23114)	9/1/2002 7:22:54 PM
From: carranza2	Read Replies (2) of 74559

don't think the Citibank would like to see this man angry: Alsaud, Prince Alwaleed Bin Talal, age: 43, Saudi Arabia Claim to fame: Enthusiastic and prodigious investor in mostly U.S. and European blue-chip stocks. Typically buys when stocks are down but not out. Latest moves: Took advantage of the April Nasdaq rout to pump $2 billion into a basket of tech and consumer-oriented shares. Partially funded the buying binge with a $1 billion sale of Citigroup shares. Citigroup still his largest holding, worth a recent $8.4 billion. For fun: Hangs out in the Saudi desert with his entourage and watches CNBC on a big-screen television. Takes long power walks alone in the desert. $20 BILLION , self made Too late. This is the guy whose $10m check was returned by Giuliani after he made a few comments that Giuliani didn't like. Big deal. More for the dung beetles.

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