posted on Dec, 20 2011 @ 08:57 AM
Here's some information I feel is pertinent to this thread.
CAIRO — The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to
expand his alliances with the media giant, in the latest indication that his appetite for growth remains robust even as his company retrenches.
Prince Alwaleed bin Talal, a nephew of the Saudi king and who was listed last year by Forbes as the world's 22nd richest person, met with News
Corp.'s chief executive Rupert Murdoch on Jan. 14 in a meeting that "touched upon future potential alliances with News Corp.," according to a
statement released by his Kingdom Holding Co. late Saturday.
Media reports have indicated that News Corp, parent to Fox News and Dow Jones & Co., among others, may be thinking of buying a stake in Alwaleed's
Rotana Media Group, which includes a number of satellite channels that air in the Middle East.
Neither company has commented publicly on the possible deal, but the talks offer an indication yet that such an agreement may yet be in the offing.
Prince Alwaleed and Rupert Murdoch as business partners? This can't be good.
Then, he's also bedding down with Citigroup (from same source):
The Saudi royal also met last week with Citigroup's chief executive Vikram Pandit, according to a statement by Kingdom Holding e-mailed
Alwaleed told Pandit that the "honeymoon is now over," a clear indication that one of the banking giant's largest investors wants solid results
this year, according to a transcript of an interview that aired Thursday on Fox Business News.
"I told him that clearly the market gave you two years leeway, but I think now it's time to deliver," Alwaleed said. "And 2010 is really for him
is year to make it or break it, and he has to deliver. "
Alwaleed raised his stake in Citigroup to 5 percent in late 2008 from less than 4 percent in a move that came as the company was facing a possible
collapse. Kingdom Holding says Alwaleed is the single largest shareholder in Citigroup.
The above article is from January of 2010. We can clearly see that he has a great interest in benefitting from the American economy and wanting to
keep a close eye on the banksters, too.