File 031511
Email Chain: Saudi Financial Withdrawal and NATO Foreign Policy Discussion (File 031511)
Email exchange between Landon Thomas Jr. (NYT Financial Reporter) and Jeffrey E. discussing Saudi Arabia's withdrawal of billions from investment funds, oil price impacts on the royal family finances, and geopolitical commentary on NATO expansion and the JASTA bill.
Summary
This email chain from October 2016 contains correspondence between Landon Thomas Jr., a New York Times financial reporter, and Jeffrey E. regarding Thomas's investigation into how low oil prices affected Saudi royal family finances. The discussion covers Saudi withdrawals of approximately $200 billion from funds managed by firms like BlackRock, the structure of Saudi investment vehicles (primarily private equity funds), and geopolitical analysis about Saudi Arabia's domestic and international political positioning. Additional topics include commentary on Bill Clinton's NATO expansion policies, the 9/11 JASTA bill, and references to a potential introduction to an academic expert.
From: Thomas Jr., LandonSent: 10/19/2016 3:13:21 PMTo: jeffrey E. [jeeyacation@gmail.com]Subject: Re: Saudi moneyImportance: HighA new guy for your stable of smart guys. He taught at SAIS in DC where I went in 1989. I was justdown there a few weeks ago and was on a panel with him. He is vicious on Bill C's NATO expansion --biggest foreign policy error since WWII. Retiring. Let me know if you want an intro -- I am sure thatyour Russian friends would enjoy talking to him. Book well worth reading...http s: //www. amazon. com/M issi on-Failure-America-World-P o st-Cold/dp/m9o469471/ref=sr 1?s=books&ie=UTF8&qid=1476889698&sr=1-1&keywords=mission+failureOn Wed, Oct 19, 2016 at 11:02 AM, jeffrey E. <jeevacation@gmail.com> wrote:https ://www.theguardian. com/us-news/2016/jul/07/donald-trump-sexual-assault-lawsuits-norm-lub owOn Wed, Oct 19, 2016 at 10:28 AM, Thomas Jr., Landon <___________________> wrote:On Wed, Oct 19, 2016 at 10:26 AM, jeffrey E. <jeevacation@gmail.com> wrote:numberOn Wed, Oct 19, 2016 at 9:55 AM, Thomas Jr., Landon _____________________ wrote:I have spoken to a lot of ceos of fund outfits who say Saudis have been pulling billions of dollars inseparate account money -- not just from BR. And plus I cant believe they would have so much tiedup in lock ups.On Wed, Oct 19, 2016 at 9:48 AM, jeffrey E. <jeevacation@gmail.com> wrote:sorry, no good handle without diggingOn Wed, Oct 19, 2016 at 9:47 AM, Thomas Jr., Landon <MMEIM> wrote:what is your back of the envelope guess as to much saudi money tied up in such funds?On Wed, Oct 19, 2016 at 9:43 AM, jeffrey E. <jeevacation@gmail.com> wrote:most of the saudi money is tied up in pe funds. no withdrawals allowed. and im not seeing much inthe secondary market. . blackrock is more money market , more like custodian than investor.On Wed, Oct 19, 2016 at 9:41 AM, Thomas Jr., Landon <____________________> wrote:Interesting. CEO of big finance form told me that Saudis (SAMA) have withdrawn $200 billionthat has been parked with usual suspects over past year or so. That number seem in line withwhat you know?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 longervery useful. In politics the USA meant the white house. now there is pentagon. cia, state, andcongress in addition, each feels empowered to act more independantly. stock market even intech, needs bio tech, consuner tech. infrastrucrue tech. etc. same with Royal family, there are20k members of a tribe, called the royal family, the words are misleading. if your article isfocused on bin salman, or the very top. no one is wondering where they can find the localHOUSE OVERSIGHT 031511costco.. but they are aware that a message needs to be sent to their population, regarding the next20 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 betweenexpectations and reality 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 offrance that revolted against their own aristocracty, with the internet and globalization of discontect itis now the americans that can revolt against the saudi leadership. it is the americans that aredemanding women drive, 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 beeneffecting the personal finances of royal family in Saudi Arabia. Obviously they called in muchof their cash from the likes of BlackRock and others but I thought you might have someideas. Maybe some people to talk to?I would think its more than cutting down on yachts and private planes or selling real estatein 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.htnnlplease 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 reservedHOUSE OVERSIGHT 031512Landon Thomas, Jr.Financial ReporterNew York Timeshttp://topics.nytimes.com/top/reference/timestopics/people/t/landon jr thomas/index.htnnlplease 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.htnnlplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forHOUSE OVERSIGHT 031513the 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.htmlplease 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 031514please 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 031515