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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (11295)4/4/2004 10:38:25 AM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
do you know what official + unofficial Saudi holdings of US assets are? in his book "Sleeping with the Devil", Baer claims that they have something like $1 trillion in the US banking system, but this number seems dubiously high and he offered no sources. but there may be something to his intimation of a quid pro quo whereby certain Saudi assets were housed here in exchange for political access. and perhaps naturally given the proper gentleman's grace period to get out of Dodge, just like the bin Ladens who fled the US after 9/11.
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