Wednesday, January 21, 2009

Good news at last

"Kingdom Holding Co, owned by Saudi billionaire Prince Alwaleed bin Talal, posted a $8.26 billion net loss in the fourth quarter after a dive in the value of its assets, which include a substantial stake in Citigroup." Nobody is more responsible for the sexism, vulgarism, crudeness, and sleaze in Arab culture than this Prince (and yet his brother, Khalid, is a fanatic puritanical Wahhabi). (thanks Amer)