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September 16, 2004
Suing Saudi Arabia

The NY Post has an interesting Op Ed column today on a Lawsuit that is being filed by Cantor Fitzgerald against al Qaeda and Saidi Arabia.

Cantor is, of course, suing al Qaeda and Osama bin Laden. The firm's 60-page complaint strips the Muslim veil from al Qaeda, exposing it for what it is — a "highly organized" racketeering network headed by global criminal masterminds who toil in service of a clear, common goal. In al Qaeda's own words: "To kill the Americans and plunder their money wherever and whenever they find it."

More important: Cantor is suing Saudi Arabia itself — along with dozens of prominent Saudi charities, banks and bankers. The complaint is thus a concise tutorial on Saudi finance.

It will be interesting to see if this case can bring to light the financial ties between the members of the Saudi Monarchy and al Qaeda.

Posted by Pete at September 16, 2004 09:10 AM | TrackBack
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