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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (58361)11/26/2009 1:26:24 AM
From: elmatador  Respond to of 217714
 
observation. Yes. Participation? No!!!



To: TobagoJack who wrote (58361)11/26/2009 4:52:22 AM
From: elmatador  Respond to of 217714
 
You said confiscation? Bankers Seek U.K.’s Help on $20 Billion Saudi Debt
...
“Unless there is an early resolution, the current gridlock and despair among foreign banks can only lead to an increase in litigation, adverse media attention and damage to the ability of Saudi family businesses to obtain credit overseas,”

ELMAT: Can you note the veiled threat in the message?

“This is doing enormous damage to the reputation of Saudi Arabia as a whole,” Harris wrote in the letter. “What appears to have started as a family dispute is now bringing the whole business sector and Saudi system of corporate governance into disrepute. The lack of transparency has fractured trust and pitted highly respected parties against one another.”

bloomberg.com

ELMAT: Oh! they mean it! The Brits have gorged in profits from that area since T.E. Lawrence was there!