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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (70247)6/8/2006 10:57:47 AM
From: Wharf Rat  Read Replies (2) | Respond to of 361676
 
Re: Saudi Stock Market Crash
The crash of the Saudi stock market took small investors by surprise. Just curious--do you think that the Saudi insiders knew something that the general population didn't know? I think that the Saudi market is down by 90% or so.

ameinfo.com
Saudi stock market crash a cause for concern
May 20, 2006

Excerpt:
The ruin of hundreds of thousands of small shareholders in the Saudi stock market crash is a worrying development. It is financial catastrophe for those involved, and is already impacting on consumer spending. But the authorities now need to tread carefully to minimize the total economic effect of the crash.
[new] westexas on Thursday June 08, 2006 at 7:25 AM EST
theoildrum.com