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There is a geopolitical element here. What happens when US mutual funds and retirement funds are invested in this stock? Will the mutual funds lobby the US Go
by salimmadjd 10y ago
There is a geopolitical element here.
What happens when US mutual funds and retirement funds are invested in this stock?
Will the mutual funds lobby the US Government to put sanctions on Iran to give Saudis more output and more revenue to ultimately benefit the funds?
What happens if Saudis are linked further to 9/11 or to other activities that goes against US' interests. Will the banking sector lobby the congress against taking any actions against Saudis?
- JamesBarney 10y agoThe open shares that Exxon(market cap 370B) has on the market exceeds the number of shares that Saudi Aramco will have(100B). So this won't have a very large impact.