The kings and princes of Big Bidness kings have been dropping out of the Future Investment Initiative in Riyadh, better known as Davos in the Desert. They decided that pal’ing around (is too a verb!) with ol Prince ‘Bonesaw’ bin Salman might not be good PR for their firms. Go figure.
But of course, Wall Street C.E.O.s, who are sort of humanity-challenged anyway, were still expected to attend rather than damage
long-standing blood-sucking some advantageous relationships. Finding themselves stuck between a PR-disaster and a bonesaw, a trio Bankster Bastards (ALLEGEDLY!) attempted to come up with their own Plan 9 From Outer Space!
Over the weekend, [JPMorgan C.E.O. Jamie] Dimon consulted by telephone with two other powerful Wall Street executives, the head of BlackRock, Laurence D. Fink, and Blackstone Group’s chief, Stephen Schwarzman, said two people familiar with the conversations. All three depend on the kingdom for revenue.
Mr. Dimon, Mr. Fink, and Mr. Schwarzman pressed Saudi officials to postpone the event, the two people said. The three executives and their staffs reached out to the Treasury Department and urged Treasury Secretary Steven Mnuchin to press for the event to be postponed or to publicly make his attendance conditional on more disclosure from the Saudis about Mr. Khashoggi’s disappearance.
When that failed, they finally pulled out of attendance. Yay! Moral Clarity on Wall Street! Whodda thunkit!
Wait. What’s that, you say?
SCOOP-Companies that have pulled out of next weeks Saudi investment conference following the Khashoggi murder tell @FoxBusiness they will maintain biz ties to the country and its royal family for the simple reason that there’s too much money at stake
— Charles Gasparino (@CGasparino) October 15, 2018