Lawyers spearhead anti terrorist lawsuit

Discussion in 'World Events' started by Don H, Aug 15, 2002.

  1. Don H Registered Senior Member

    Messages:
    642
  2. Google AdSense Guest Advertisement



    to hide all adverts.
  3. thecurly1 Registered Senior Member

    Messages:
    1,024
    Fuck the terrorists and anyone who has bankroled them or supported them. Will they get all $116 trillion dollars? No. But I hope they bankrupt those who have supported al-Qaeda, some of the richer Saudis, the Sudan and former host nations, and the network and their leaders themselves.
     
  4. Google AdSense Guest Advertisement



    to hide all adverts.
  5. Don H Registered Senior Member

    Messages:
    642
    Saudis Withdraw Tens Of
    Billions From The US

    By Roula Khalaf in London
    Financial Times
    8-20-2

    Disgruntled Saudis have pulled tens of billions of dollars out of the US, signalling a deep alienation from America.

    One analyst said the total funds withdrawn by individual investors amount to $200bn. Other bankers put the figure nearer to $100bn.

    The US-Saudi alliance was put under severe strain after September 11, when 15 of the aeroplanes' 19 hijackers were Saudi nationals.

    Accusations that Saudi Arabia's austere brand of Islam breeds terrorism and its charities finance Osama bin Laden's al-Qaeda network have been perceived in the kingdom as attacks on Saudi society and its religion.

    An analyst from the Rand Corporation said at a Pentagon briefing this month that Saudi Arabia was the "kernel of evil", exacerbating concerns among the country's elite that they have become demonised in the US and their money is no longer safe there.

    As part of the fight against terrorism, the US and Saudi authorities have been monitoring the accounts of dozens of Saudi companies and individuals, a move that alarmed Saudi merchants. Youssef Ibrahim, a senior fellow at the Council on Foreign Relations working on a project re-examining US-Saudi relations, said Saudis had withdrawn at least $200bn from the US in recent months. He said the move has been driven by hawkish US commentators' calls for the freezing of Saudi assets.

    The trend, he added, can be expected to accelerate with last week's trillion-dollar lawsuit by relative of the victims of September 11. The lawsuit accuses several Saudi institutions and charities and three members of the royal family, including the defence minister, of financing terrorism.

    Details of Saudi investments in the US are sketchy but financial analysts believe they range between $400bn and $600bn. The funds are invested in private equity, the stock and bond markets and real estate. The figures include investments by members of the royal family.

    Investors are not thought to be closing down their US accounts. Instead they are moving money into European accounts. Bankers in London said the largest established Saudi investors did not yet seem to be following the trend.

    One said: "I'm sceptical about a mass exodus. But there was a lot of Saudi money with American banks that was not diversified, now they [the Saudis] are spreading their wings. Perhaps 30 per cent to 50 per cent of the money that was with US banks is seeking diversification."

    The Saudi money shifts may have contributed to the recent downward pressure on the dollar.

    "People no longer have any confidence in the US economy or in US foreign policy," said Bishr Bakheet, a financial consultant in Riyadh.

    "And if the latest lawsuit is not thrown out in court, it will mean no more Saudi money in the US."

    http://news.ft.com/servlet/ContentServer?pagename=FT.com/Sto
     
  6. Google AdSense Guest Advertisement



    to hide all adverts.
  7. Asguard Kiss my dark side Valued Senior Member

    Messages:
    23,049
    exactly WHY would anyone not in the US pay?

    hell your own GOVERMENT ignores your courts
     
  8. Captain Canada Stranger in Town Registered Senior Member

    Messages:
    484
    That's nice. Like the fat insurance pay outs and charity collected isn't enough, you have to go after trillions of dollars from the likes of war-ravaged, impoverished Sudan?

    Maybe if the US supported the establishment of international courts and laws they could pursue such things. As it is its just another case of the rich trying to screw the poor. Apart from Saudi I guess.

    How about this though - there is no disputing the fact that the US supplied Iraq with weaponry and gave financial support to the government during the 1980s in their war with Iran.

    So why don't Iranian families of the victims of that war sue the US for trillions of dollars for supporting Iraq - the instigator?

    And while we're at it, the Vietnamese must have a few trillion coming their way as well.

    Then there's Nicaragua, Chile, El Salvador, Panama....
     
  9. thecurly1 Registered Senior Member

    Messages:
    1,024
    Sue there asses poor, I have no qualms about bankrupting those who supported and support terrorism.
     
  10. GB-GIL Trans-global Senator Evilcheese, D-Iraq Registered Senior Member

    Messages:
    1,718
    You know the US funded terrorism quite a bit when it worked to our advantage? So let's bankrupt ourselves!

    Please Register or Log in to view the hidden image!

     
  11. Bruce Wayne . Registered Senior Member

    Messages:
    766
    Don H

    "May as well try and exponge the verses of hatred from the Bible and Quaran. "
    ...:bugeye:

    Give me an example of the hatred in the Quran...
    ...

    Please Register or Log in to view the hidden image!

     
    Last edited: Aug 31, 2002

Share This Page