Arab nations eye control of U.S. companies
This is a major assault on the West and America in particular. Islamic influence is already too strong in the banking industry. If the Islamists are allowed to buy controlling interests in American companies, they will be able to blackmail the West into accepting Sharia law in more and more ways.
FROM WORLDNETDAILY.COM:
Arab nations eye control of U.S. companies
Ready to move with $1.7 trillion in windfall profits from oil-price spike
Sovereign Wealth Funds in six Persian Gulf countries – including Kuwait, the United Arab Emirates and Qatar – have now amassed $1.7 trillion, positioning them for attempts to control major banks and securities firms in the U.S.
The funds are ready to invest petrodollar earnings worldwide as their managers examine equity plays on businesses around the globe, Business Week reports.
Sovereign Wealth Funds in the Persian Gulf are comprised of government-controlled investment portfolios amassed largely as a result of the windfall profits from oil climbing to record highs.
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