| Submit your comments on this article |
| Africa North |
| $1.1bil. of Kadaffy gov't assets in Manhattan banks |
| 2011-08-28 |
| Moammar Khadafy's credit is good in New York. The Libyan madman stashed $1.1 billion of government assets in two New York City-based banks, The Post has learned. Investment bank Goldman Sachs is holding onto $604,972,056.56 of Libyan government assets, and JPMorgan Chase has a cool $513,319,668.58, according to a report provided to The Post by the US Treasury's Office of Foreign Assets Control. Wells Fargo has $6,098,291.04, and Bank of America has $837,875.85, according to the Libya Sanctions Blocked Assets Report. |
| Posted by: |
| #5 $1.1 billion of Libyan government assets. Sounds nice doesn't it. When that money is withdrawn who do you think it will hurt;Goldman Sachs,JP Morgan Chase,Wells Fargo,BOA and Mr Buffett. Too big to fail but don't worry QE3 is about due end of September. Chavez Gold and Libyan Gold tucked away in Europe and USA want theirs back also. I don't think these banks just warehoused it. When things tighten up everyone will beg for QE3. This might get them past 2012 elections then watch out boyee! or bada bing bada boom. |
| Posted by: Dale 2011-08-28 15:00 |
| #4 That should just about cover America's bill for Khadafy's overthrow + 15% gratuity. |
| Posted by: Eohippus Phater7165 2011-08-28 12:28 |
| #3 Really? The Blocked Assets, you say. Ima hoping there's goodwill in there too. Did China block assets via Zim? |
| Posted by: Rhodesiafever 2011-08-28 12:11 |
| #2 sounds like an excellent idea! What are the legal precedents and common custom? We would perhaps have to share it with the new Libyan Govt. perhaps? |
| Posted by: Omitle Lumplump7191 2011-08-28 11:52 |
| #1 Seize it as compensation for our military's involvement. |
| Posted by: Steve White 2011-08-28 11:22 |