Saturday, October 13, 2018

PEU Boys Going to Riyadh Ritz (Crown Prince's Contracted Prison)

The greed and leverage boys will join Saudi Crown Prince Mohammed bin Salman (MBS) for his Vision 2030 meeting the end of October.  Vision 2030 will be held at the Riyadh Ritz Carlton, the site where numerous members of the Royal family were imprisoned in a "corruption investigation."

The Vision 2030 meeting has been called "Davos in the Desert."  The real 2018 Davos ended with a Vision 2030 luncheon sponsored by Saudi Arabia.  It coincided with the release of Saudi Prince Alwaleed bin Talal, widely known in the West for his investment acumen.

Who's November 2017 jail cell will TPG's David Bonderman occupy?  Will Blackstone's Stephen Schwarzman commit as much as more as the Saudi Prince Alwaleed bin Talal's settlement with MBS?  Will Peter Thiel's Palantir protect the power hungry players willing to use violence to shutter critics?  Did Palantir protect the Turkish Saudi Embassy, the site of Washington Post journalist Jamal Khashoggi's disappearance and likely murder? 

How much U. S. taxpayer money can Treasury Secretary Steven Mnuchin send the Prince's way?  Mnuchin knows how to torment and torture mortgage holders.   Will he and the Crown Prince coach each other on ways to inflict physical and emotional torture?

KKR's David Petraeus knows how to harm and spy on masses of people.  Surely, KKR can profit from Saudi Arabia's oppression of their people and neighbors.

The greed and leverage boys expect one thing, outsized returns and this requires outsized influence.  I don't think PEUs care about optics from going to the event.  In the PEU world the more distressed the investment,  the better the returns.

Update 10-19-18:  Many PEU boys dropped plans to attend the Saudi event.

Update 10-21-18:  U.S. Intelligence has evidence of Crown Prince's involvement in Saudi journalist's execution.

Update 12-4-18:  U.S. Senators heard evidence of the Crown Prince's ordering the murder of a Saudi journalist.

Update 12-28-18:  Consulting giant McKinsey abandoned a Saudi partner who is yet to be released from the Crown Prince's abusive shakedown.

Update 10-24-19:  Davos in Desert is back in full swing. The Khashoggi killing is old news and Prince Mohammed bin Salman, the man behind the murder, has money to dangle.