SAUDIA ARABIA DOOM! Saudi Arabia To Nationalize Banks.....Royal Dutch Shell Jumps Saudi Ship!......As I Pull The Pillars Down....


Seven Pillars of Wisdom fall down one by one......the Kingdom founded by the Sodomite T.E. Lawrence is collapsing.

First the Brits are jumping ship:
Saudi Aramco, Shell Break Up 18-Year U.S. Refining Marriage 
Royal Dutch Shell Plc and Saudi Arabian Oil Co. are ending an 18-year refining partnership as the Anglo-Dutch titan prepares to sell billions of dollars of assets and the Middle East nation’s state oil company weighs an initial public offering. Shell will assume control of two Louisiana refineries operated by the Motiva Enterprises LLC joint venture, as well as nine fuel terminals and rights to Shell-branded markets in Florida, Louisiana and the U.S. Northeast, the companies said Wednesday in a statement. Aramco will retain the Motiva name and take ownership of the largest U.S. refinery in Port Arthur, Texas, along with 26 terminals and exclusive license to sell fuel under the Shell brand across Texas and much of the U.S. Midwest and Southeast. Bloomberg Read More>>>>>
Second: headlines say Saudis just want a look see - I say Saudis want it all...
Saudi Arabia Tells Foreign Banks to Publicly Disclose Finances

Saudi Arabia is telling international banks to publicly disclose financial statements for the first time as the kingdom’s regulator seeks to boost transparency. The Capital Markets Authority is requiring financial institutions it regulates to publish the information on their websites from April 1, an official at the Riyadh-based regulator said in an e-mailed response to questions, without giving further information. Banks must also disclose senior executives’ pay and significant risk factors, two people with knowledge of the matter said, asking not to be identified as the matter is private. The disclosure will give insight into how much money banks are making amid a slowdown in economic growth, as well as the cost of employing top bankers. Bloomberg Read More>>>>>


...to fast for freedom... sometimes it all falls down....

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