Monday, August 18, 2008

This is a Test....

While I know those on the East side probably already know the answers, I bet most people on the West side don't. Here goes...

1. Do you have a CitiBank Credit Card? Did you know that the Abu Dhabi Investment Authority (ADIA) in the UAE bailed out floundering CitiBank to the tune of $7 billion? Did you know they also just bought the iconic Chrysler Building in New York? ADIA is currently the world's largest sovereign wealth fund. the second largest one is in China.

2. Did you know that the largest foreign owner of real estate in the US is the Middle East? Various companies and Govt. wealth funds across the Middle East own more real estate in our country, than any other foreign country.

3. Did you know that the UAE, Qatar, Kuwait, Bahrain, Oman and Saudi are all allies of the US and that we have either a land or sea military presence (or both) in most of these countries?

4. Did you know that HH Sheikh Khalifa bin Zayed al Nahyan, the President of the UAE, made a donation of $100 million to the Hurricane Katrina disaster?

If you knew the answers to 2 or more questions, apparently you read the news. If you didn't know any of the answers...perhaps you should start reading.