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riversedge

(70,288 posts)
Sat Nov 4, 2017, 07:22 PM Nov 2017

10 days ago: Kushner secretly traveled to Saudi Arabia. Today: out of nowhere, Trump requests Saud

Something to keep an eye on.



Pé Resists? @4everNeverTrump

10 days ago: Kushner secretly traveled to Saudi Arabia.

Today: out of nowhere, Trump requests Saudi-owned Aramco to do its IPO in the US.














Michael D? @mjdibatt87 6h6 hours ago
Replying to @4everNeverTrump @kim

I’m telling you this is insider trading in plain sight.
1 reply 5 retweets 18 likes
New conversation
SUSAN? @stacksusan7 1h1 hour ago

Trump shilling for GS to get IPO...Gary Cohn’s fingerprints all over this. Consolation prize for no Fed....

0 replies 0 retweets 1 like

End of conversation

Susan Daniel? @SusanDa50168535 8h8 hours ago

Replying to @4everNeverTrump

Insider trading or stock manipulation?

0 replies 2 retweets 10 likes
17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
10 days ago: Kushner secretly traveled to Saudi Arabia. Today: out of nowhere, Trump requests Saud (Original Post) riversedge Nov 2017 OP
Other shit going on in Saudia Arabia today too Sanity Claws Nov 2017 #1
Pretty sure Kushner was just there to request an orb for his father in law ProudLib72 Nov 2017 #2
I thought he had been invited to a sword dance delisen Nov 2017 #4
Don Jr says "orb" ProudLib72 Nov 2017 #7
Somebody slap Kushner, please@!Q (in the voice of Jim Carey/THE MASK) n/m bagelsforbreakfast Nov 2017 #3
And now there's an attempted coup malaise Nov 2017 #5
Did the US taxpayer pay for that trip? Sneederbunk Nov 2017 #6
Insider trading no doubt about it. LOCK UP ALL OF THEM! coolsandy Nov 2017 #8
Hmmm.... MineralMan Nov 2017 #9
the window is closing on their opportunities to rob us blind rurallib Nov 2017 #10
Not the only country pleading to be chosen for the IPO; the UK relaxed its regulations muriel_volestrangler Nov 2017 #11
Is Saudi oil a good investment? keithbvadu2 Nov 2017 #12
Kushner is in desperate need of cash. His real estate empire is crumbling, esp. 666. . . . . nt Bernardo de La Paz Nov 2017 #13
Trump never forgot this tweet: dalton99a Nov 2017 #14
He got arrested yesterday in the corruption crackdown Bernardo de La Paz Nov 2017 #17
This just in. cachukis Nov 2017 #15
Another point of view. cachukis Nov 2017 #16

ProudLib72

(17,984 posts)
2. Pretty sure Kushner was just there to request an orb for his father in law
Sat Nov 4, 2017, 07:28 PM
Nov 2017

Nothing to see here, move along....

ProudLib72

(17,984 posts)
7. Don Jr says "orb"
Sat Nov 4, 2017, 07:42 PM
Nov 2017

Ivanka says "sword dance". Huckabee will come up with something else, like testing the hummus. Just how were the Russians involved in this one?

rurallib

(62,444 posts)
10. the window is closing on their opportunities to rob us blind
Sat Nov 4, 2017, 09:29 PM
Nov 2017

got to make some huge scores while they can.

muriel_volestrangler

(101,358 posts)
11. Not the only country pleading to be chosen for the IPO; the UK relaxed its regulations
Sat Nov 4, 2017, 09:38 PM
Nov 2017

just to make it easier if Saudi Arabia picks London:

FCA Defends Changing Listing Rules to Cater for Aramco IPO

The U.K. markets regulator defended a possible move to change listing rules that would make it easier for Saudi Aramco to go public in London, in what may become the world’s largest initial public offering.

Andrew Bailey, the chief executive officer of the Financial Conduct Authority, told lawmakers that he didn’t think the changes would weaken protections for investors, according to a letter from Bailey released Friday. He said the FCA met with Saudi Aramco earlier this year and discussed the possible IPO.

The FCA is reviewing the creation of a new listings category to better cater to companies owned by a sovereign country. Nicky Morgan and Rachel Reeves, the chairs of two Parliamentary committees, wrote to Bailey in September to express concerns over how much the FCA consultation was driven by Aramco.
...
The world’s top financial centers are fighting to attract the roughly 5 percent listing that could value the largest oil exporter at more than $1 trillion. Saudi Arabia plans to list on its stock exchange in Riyadh and sell shares on at least one other bourse outside the country. The main contenders for the listing are: London, New York, Hong Kong, Tokyo, Singapore and Toronto.

https://www.bloomberg.com/news/articles/2017-10-13/fca-defends-move-to-change-listing-rules-to-cater-for-aramco-ipo

keithbvadu2

(36,887 posts)
12. Is Saudi oil a good investment?
Sat Nov 4, 2017, 09:49 PM
Nov 2017

some things not a good investment?

--------------

if oil is such a good investment, why is saudi arabia divesting by reducing its risk and selling off stock with an ipo?

sounds like a contraindication to me.

https://thinkprogress.org/saudis-plan-2-trillion-ipo-to-end-their-dangerous-addiction-to-oil-596fbb4e111a#.g3dywtvk3

Saudis see writing on the wall, move to get economy off oil before it's too late

A $2 trillion Saudi Aramco IPO will monetize oil reserves before demand peaks and price collapses for good.

cachukis

(2,262 posts)
15. This just in.
Sat Nov 4, 2017, 10:18 PM
Nov 2017

NYT
Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal
By DAVID D. KIRKPATRICKNOV. 4, 2017

Prince Alwaleed bin Talal, one of the world’s richest men, was reportedly arrested in Saudi Arabia on Saturday. Credit Ishara S.Kodikara/Agence France-Presse — Getty Images
LONDON — Saudi Arabia announced the arrest on Saturday night of the prominent billionaire investor Prince Alwaleed bin Talal, plus at least 10 other princes, four ministers and tens of former ministers.

The announcement of the arrests was made over Al Arabiya, the Saudi-owned satellite network whose broadcasts are officially approved. Prince Alwaleed’s arrest is sure to send shock waves both through the Kingdom and the world’s major financial centers.

He controls the investment firm Kingdom Holding and is one of the world’s richest men, with major stakes in News Corp, Time Warner, Citigroup, Twitter, Apple, Motorola and many other well-known companies. The prince also controls satellite television networks watched across the Arab world.

The sweeping campaign of arrests appears to be the latest move to consolidate the power of Crown Prince Mohammed bin Salman, the favorite son and top adviser of King Salman.

At 32, the crown prince is already the dominant voice in Saudi military, foreign, economic and social policies, stirring murmurs of discontent in the royal family that he has amassed too much personal power, and at a remarkably young age.

https://www.nytimes.com/2017/11/04/world/middleeast/saudi-arabia-waleed-bin-talal.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=0

cachukis

(2,262 posts)
16. Another point of view.
Sat Nov 4, 2017, 10:27 PM
Nov 2017

Was the Iraq War About Grabbing Oil … Or Keeping It Off the Market?
Posted on March 30, 2013 by WashingtonsBlog
Was the Real Purpose of the Iraq War to Restrict Oil … So As to Raise Oil Prices?

U.S. Secretary of Defense Chuck Hagel, 4-Star General (and CENTCOM commander with responsibility for Iraq) John Abizaid, Fed boss Alan Greenspan, President George W. Bush, Senator John McCain, Sarah Palin, Bush speechwriter David Frum, key war architect John Bolton, and a high-level National Security Council officer all say that the Iraq war was about oil.

Documents from Britain show the same thing.

But apologists for the Iraq war say this can’t be true, because American companies didn’t really end up with that much Iraqi oil.

BBC and Guardian investigative reporter Greg Palast – a New York Times bestselling author – thinks he knows why. Palast is famous for obtaining original source documents from whistleblowers which tell the real story.

Palast argues today that source documents he obtained through cloak-and-dagger methods prove that the war was actually focused on keeping Saddam’s oil off of the market … so as to keep oil prices high:

[I obtained] a 323-page, three-volume programme for Iraq’s oil crafted by George Bush’s State Department and petroleum insiders meeting secretly in Houston, Texas.

I cracked open the pile of paper – and I was blown away.

Like most lefty journalists, I assumed that George Bush and Tony Blair invaded Iraq to buy up its oil fields, cheap and at gun-point, and cart off the oil. We thought we knew the neo-cons true casus belli: Blood for oil.

But the truth in the Options for Iraqi Oil Industry was worse than “Blood for Oil”. Much, much worse.

The key was in the flow chart on page 15, Iraq Oil Regime Timeline & Scenario Analysis:

“…A single state-owned company …enhances a government’s relationship with OPEC.”



http://www.washingtonsblog.com/2013/03/was-the-iraq-war-to-get-oil-or-to-keep-it-off-the-market.html

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