4 replies to this topic

[redfoliage2]

http://www.reuters.c...s-idUSKCN0Y8239

[redfoliage2]

The news was out just after the market close today...........

[Rogerdodger]

9/11 Families 'Ecstatic' They Can Finally Sue Saudi Arabia

 

Families of the victims of the Sept. 11 attacks today celebrated a federal court's ruling that allows relatives of people who died in the 9/11 terror attacks to sue Saudi Arabia.

Most of the hijackers who attacked the World Trade Center and the Pentagon in 2001 were from Saudi Arabia, and the complaint states that much of the funding for the al-Qaeda terrorists came from Saudi Arabia.

An attempt to Saudi Arabia in 2002 was blocked by a federal court ruling that said the kingdom had sovereign immunity. That ruling was reversed Thursday by a three-judge federal panel.

 

NYT: Memos on Alleged Saudi-Affiliated Support of the 9/11 Attacks...

'Glimpse into classified pages'...

Edited by Rogerdodger, 17 May 2016 - 09:06 PM.

[redfoliage2]

H&S pattern fully developed all over the indices:

 

http://stockcharts.c...id=p55095744415

 

Same on SPX, RUT, NAZ............

Edited by redfoliage2, 17 May 2016 - 08:54 PM.

[dasein]

dont know the particulars - but imagine suing a country because some nutcakes who happened to be born there (Manson?) did something and maybe a political wus like Chuck Schumer gave them his money as a private person because he was crazy too - would be a very bad precedent IMO. obviously if the Saudi military came and bombed NYC that would be different - but then that would be war and we could conceivably lose - in which case nobody would get to sue anybody...

 

as far as I have heard the Saudis have money problems anyway - with the depressed price of oil and would be looking to sell some assets just to raise money.

Edited by dasein, 18 May 2016 - 08:52 AM.