Article

2011-08-28 Africa North

$1.1bil. of Kadaffy gov't assets in Manhattan banks

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Posted by 2011-08-28 11:04|| || Front Page|| [3 views ] Top

#1 Seize it as compensation for our military's involvement.

Posted by Steve White 2011-08-28 11:22|| 2011-08-28 11:22|| Front Page Top

#2 sounds like an excellent idea!

What are the legal precedents and common custom?

We would perhaps have to share it with the new Libyan Govt. perhaps?

Posted by Omitle Lumplump7191 2011-08-28 11:52|| 2011-08-28 11:52|| Front Page Top

#3 Really? The Blocked Assets, you say. Ima hoping there's goodwill in there too. Did China block assets via Zim?

Posted by Rhodesiafever 2011-08-28 12:11|| 2011-08-28 12:11|| Front Page Top

#4 That should just about cover America's bill for Khadafy's overthrow + 15% gratuity.

Posted by Eohippus Phater7165 2011-08-28 12:28|| 2011-08-28 12:28|| Front Page Top

#5 $1.1 billion of Libyan government assets. Sounds nice doesn't it. When that money is withdrawn who do you think it will hurt;Goldman Sachs,JP Morgan Chase,Wells Fargo,BOA and Mr Buffett. Too big to fail but don't worry QE3 is about due end of September. Chavez Gold and Libyan Gold tucked away in Europe and USA want theirs back also. I don't think these banks just warehoused it. When things tighten up everyone will beg for QE3. This might get them past 2012 elections then watch out boyee! or bada bing bada boom.

Posted by Dale 2011-08-28 15:00|| 2011-08-28 15:00|| Front Page Top

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