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Saudi Arabia could already do LBOs in Western countries, well you think they can take out more leverage because of the restrictions on debt in Islamic culture?
by gammateam 8y ago
Saudi Arabia could already do LBOs in Western countries, well you think they can take out more leverage because of the restrictions on debt in Islamic culture?
I would say the Softbank entity shields them in case things go down, like after the things that went down.
- baybal2 8y agoAt least nominally it does provide them a minute degree of risk isolation, and they surely want to have an executor better suited dealing with dotcom hipsters than some Saudi guy with beard and a hoodie.
- gammateam 8y ago> and they surely want to have an executor better suited dealing with dotcom hipsters than some Saudi guy with beard and a hoodie Yes, but not for those reasons. The royal family stewards of any Saudi fund would have been educated in the US or Canada and very versed in these fields, and would be indistinguishable from all the people with middle easterner decent that have navigated Western institutions, like Steve Jobs.