Article

2008-09-16 Home Front Economy

Wall Street's Collapse Enhances Influence of "Islamic Finance" Vehicles (updated)

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by 3dc 2008-09-16 15:15|| || Front Page|| [3 views ] Top

#1 "It is painfully obvious that Wall Street mavens who lust for better connections and expanded markets in the islamic world often have no clue to the backgrounds, connections, ideologies, or ultimate goals of some of the central officials and organizations involved in many "Islamic finance" or "shariah finance" vehicles.

Neither does Wall Street, nor K Street in Washington for that matter, realize that shariah finance vehicles are seen by Islamists as perfect indirect mechanisms for funding the implementation of extremist shariah law and/or violent jihad."

Posted by ex-lib 2008-09-16 17:22|| 2008-09-16 17:22|| Front Page Top

#2 It is sad that sharia law has been implemented in Great Britain. It won't be long before the Brits won't have a culture or a country.

Wall Street has had problems because of greed. Jumping into get rich quick schemes such as subprime loans has caused much of the problem. Merrill Lynch paid their last CEO 160 million bucks to leave the company. The amount some of these companies are paying their execs is just plain screwing the shareholders.

Posted by JohnQC 2008-09-16 18:21|| 2008-09-16 18:21|| Front Page Top

23:44 bigjim-ky
23:41 Red Dawg
23:40 Abdominal Snowman
23:32 Sherry
23:31 Red Dawg
23:29 Red Dawg
23:24 Mike N.
23:21 bigjim-ky
23:19 Chons Grundy8202
23:12 Unereting Guelph8787
22:55 Pappy
22:51 Matt
22:47 Halliburton - Asymmetrical Reply Division
22:47 SKIDMARK
22:42 Alaska Paul in Tok, AK
22:39 Jiggs Elmoluger3473
22:38 SKIDMARK
22:38 FOTSGreg
22:36 Grunter
22:26 CrazyFool
22:25 Broadhead6
22:25 Abdominal Snowman
22:22 badanov
22:19 Frank G