HOUSE_OVERSIGHT_031504.txt
HOUSE_OVERSIGHT_031504.txt
Why This Matters
The document discusses Saudi money being pulled from various funds.
AI-Generated Summary
The document discusses Saudi money being pulled from various funds. The writer has spoken to CEOs of fund outfits who have confirmed this information. Jeffrey E. mentions that most of the Saudi money is tied up in private equity funds, and no withdrawals are allowed. They also note that BlackRock is more like a custodian than an investor. It seems that the withdrawal of $200 billion by Saudis (SAMA) has been happening over the past year or so, which aligns with what Jeffrey E. knows. The discussion touches on broader topics such as USA and its changing political dynamics, the Royal family's need to communicate a message about the future to their population, and the influence of social media and selfie culture on these issues.
Document Content
File Type: TXT
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