File 031496
Email Chain on Saudi Arabia Financial Withdrawal and Royal Family Finances (File 031496)
Email exchange between New York Times financial reporter Landon Thomas Jr. and Jeffrey E. discussing Saudi Arabia's SAMA withdrawal of $200 billion in assets and analysis of the geopolitical and social implications for the Saudi royal family.
Summary
Landon Thomas Jr. informs a contact about a CEO's report that Saudi Arabia's SAMA has withdrawn $200 billion parked with major financial institutions. The recipient responds with analysis of how political fragmentation in the USA, social media influence, and the 9/11 Saudi litigation bill are creating pressure on Saudi leadership, arguing that American public opinion—not Saudi citizens—is increasingly demanding accountability regarding women's rights and other issues. Thomas mentions working on a New York Times investigation into how low oil prices have affected royal family finances and seeks sources and insights.
From: Thomas Jr., LandonSent: 10/19/2016 1:41:38 PMTo: jeffrey E. [jeeyacation@gmail.com]Subject: Re: Saudi moneyImportance: HighInteresting. CEO of big finance form told me that Saudis (SAMA) have withdrawn $200 billion thathas been parked with usual suspects over past year or so. That number seem in line with what youknow?On Tue, Oct 18, 2016 at 7:04 AM, jeffrey E. <jeevacation@gmail.com> wrote:words that you to refer to one thing, USA. the stock market / the Royal family, . are no longer veryuseful. In politics the USA meant the white house. now there is pentagon. cia, state, and congress inaddition, each feels empowered to act more independantly. stock market even in tech, needs biotech, consuner tech. infrastrucrue tech. etc. same with Royal family, there are 20k members of atribe, called the royal family, the words are misleading. if your article is focused on bin salman, or thevery top. no one is wondering where they can find the local costco.. but they are aware that a messageneeds to be sent to their population , regarding the next 20 years,social media, and the selfie crowds post the best of everything, their cutest pictures the amazingfood , the luxury resorts. the masses see these things and as the difference between expectations andreality widen, the anger grows. trump has tapped in.with the passage of the 9 11 saudi bill, unlike the french revolution where it was the people of france thatrevolted against their own aristocracty, with the internet and globalization of discontect it is now theamericans that can revolt against the saudi leadership. it is the americans that are demanding womendrive, not the saudisOn Mon, Oct 17, 2016 at 5:57 PM, Thomas Jr., Landon > wrote:I have been called in to help on a big NYT investigation into how low oil prices have been effectingthe personal finances of royal family in Saudi Arabia. Obviously they called in much of their cashfrom the likes of BlackRock and others but I thought you might have some ideas. Maybe somepeople to talk to?I would think its more than cutting down on yachts and private planes or selling real estate in Paris,Istanbul, London.Any thoughts?PS: does my story on Abraaj get me a meeting with Gates next time he is in town:)Landon Thomas, Jr.Financial ReporterNew York Timeshttp://topics.nytimes.com/top/reference/timestopics/people/t/landon jr thomas/index.htmlHOUSE OVERSIGHT 031496please noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedLandon Thomas, Jr.Financial ReporterNew York Timeshttp://topics.nytimes.com/top/reference/timestopics/people/t/landon jr thomas/index.htmlHOUSE OVERSIGHT 031497