Which US Banks Are Managing Billions For The $32 Billion Libyan Sovereign Wealth Fund?

Tyler Durden's picture

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jesse livermoore's picture

the original pozi schemer is Charles Ponzi   .  the scheme was named after him

pauldia's picture
Tuesday, February 22, 2011 Soros Behind Morocco Riots and Revolts against other U.S. allies across Mideast, North Africa



markmotive's picture

Elites hoarding resources for personal gain. Revolt. Booms. Busts. Sabotage. Bloodshed. We've seen it before and we'll see it again...

It's called peak oil folks. Get used to it.


Careless Whisper's picture

there's 1 TRILLION barrels of oil in the rocky mountains. it's called shale oil.


markmotive's picture

a) How does the quality compare to the stuff from the middle east?

b) How much does it cost to get it out of the ground?

c) How much does it cost to refine?

d) How much of that trillion barrels is usable?


Leo Kolivakis's picture

What I really want to know is how much money Libya, Egypt, Saudi Arabia, and a bunch of other countries on the verge of ''revolution'' have funnelled over to US arms manufacturers? Anyone willing to hazard a guess? It's called recycling petro-dollars, key word there being USD!!!

Yen Cross's picture

 I'm not even reading this article. This is blind Citi?

Sylvia Plath's picture

I guess it took a crook (Qaddafi) to recognize a crook... Bernie & Allan... Just goes to show the accounting gimmick that got them over at Dick's Lehman.


Who is the fairest crook of them all? 

NotApplicable's picture

Yeah, I'm kind of scratching my head on this news.

Perhaps they should hire Mohamed Layas to head the SEC?

luk427's picture

Yah I saw that after, should have used better link.  http://www.thetruthseeker.co.uk/?p=16166

ZerOhead's picture

Premature hijackulation.

Happens to the best of us! :)

Yen Cross's picture

No link will ever overcome that comeback! Nice work Arkadaba! Rol on my deck. Funny.

NotApplicable's picture

Hip-hop is now a psy-op, headed by the Black-Eyed Peas, proponents of trans-humanism.


Of course, so were the Beatles, and all of the Disney stars like Britney Spears.

99er's picture

Boy, do you folks at Zero Hedge come up with some doozies! Great read this. Thanks!

Misean's picture

"several American banks each managing USD 300-500 million of the LIA's funds."

NO F*CKEN WAY! Next thing you'll tell us is that the sun is expected to set in the west and rise in the east.

treasurefish's picture

I don't care who or what is setting all these fires in the Middle East - I think it rocks!  Just watching Hillary Clinton fail and snivel about it is worth it. Maybe something good can come out this whole thing like:

1. Israel gets blown up.

2. The US quits forking over our future to prop up idiots.

Yen Cross's picture

 Good thing the tampon days are over Ehhh. Smiles

oygevalt's picture

3.  Maybe you could learn what world oil demand is, if they really harp on it on the evening news.

Yen Cross's picture

Would you like it (crude demand) on a nominal or static chart?

oygevalt's picture

Thanks - I was making a reference to treasurefish pounding the table that world demand was 40 million bbl/day, which isn't close to correct.

zaknick's picture

Jooooo alert! All hands on deck! Prepare to be showered with jooooo confetti!

gwar5's picture

Muammar is sooo busted.

Yen Cross's picture

 Nice revolt keep it up! ZH crew.

AUD's picture

the LIA appears to have had its own direct involvement with a certified ponzi after having been approached by both Stanford (with a rumored investment by the LIA being the end result) as well as the one, the only, original (post-modern) ponzmaster, Bernie Madoff.

Thus the reason for the 'revolution'. Obviously Madoff & co. blew the LIA's investment & now Gadaffi has no money. He will rue the day he sold out for a fist full of US dollars.

Shoulda just bought gold.

dick cheneys ghost's picture

castro says nato is planning to invade Libya



Yen Cross's picture

Can you ask the fossile if a box of Cohibas and purple Punches can be procured. The guage of the cigar is not important. Although a good Partigas Dominican torpedo can work wonders.

Fíréan's picture

What's new ? The USA financed Hitler's Germany until forced to stop long after the war had started.

oh_bama's picture

You guys must be kidding yourselves.. This is a joke.

Most of kadafi's money is diversified all over the world. Italy has slightly more among developed country banks but still even a billion in US is nothign to him.

epwpixieq-1's picture

"there's 1 TRILLION barrels of oil in the rocky mountains. it's called shale oil."

It MAY be true, although as generally stated all around the media is just a big BS.

And now lets ASSUME that it is true. Then think about HOW MUCH will cost to extract it, refine it and the quality, if it to be the main ingredient for the petrol products.

The Peak Oil theory is not about running out of Oil, although this is coming too, it is running out of CHEAP Oil.

When you start dealing with the REAL physical science then the world starts too have totally different view, and dependant on infinitely many variables.

Let me open you eyes for something. In the world of computing there is NO LAW OF GRAVITY. On the contrary in the REAL world there is LAW OF GRAVITY although, I will have to add, it is not clear what exactly is the underlying force controlling it.