Hints and tips:
...Aside from Citi, Kingdom owns some serious assets – stakes in companies like Apple, Pepsico, Proctor & Gamble, News Corporation – as well as genuine trophy assets like the Hotel George V in Paris....
...“Mr Bernanke came across in a calm, cool way”, said Al Goldman, chief investment strategist at Wachovia Securities....
...Countrywide Financial Corporation, et al is ostensibly brought on behalf of purchasers of such CWALT, Inc. mortgage pass-through certificates, as well as various other mortgage-backed securities registered...
...Wachovia lost 81.6 per cent of its market capitalisation, to $1.84 a share. Citigroup agreed to buy most of its assets and liabilities in a deal brokered by the Federal Deposit Insurance Corporation....
...However, Prince Alwaleed, whose Riyadh-based Kingdom Holding owns big stakes in US companies including Citigroup and News Corporation, said: “The US is still obsessed by 9/11 and sensitivities over security...
...The prince, who has large holdings in Citigroup, News Corporation and Euro Disney, will not sell any of his KHI shares in the IPO. Funds raised will be used to continue KHI’s expansion. Sarmad N....
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