2008

Thursday, December 11th, 2008 @ 10:43PM

Ehrenfeld/Abady: Islamic Banking – Is Treasury Complicit? -

If “cash is king,” then Middle East coffers are irresistibly enticing. During a recent tour of Saudi Arabia and the Gulf states, Deputy Treasury Secretary Robert Kimmitt applauded the “growing role” of Arab banks in the U.S. economy. Treasury is seeking buyers for its newly acquired bailout assets because more…