Saturday, April 3, 2010

Around Africa: There Is No Money in Morocco

But there is Mossad.

Like I have been saying all morning, at the bottom of it all there is always Israel.


"Fund director’s body found in Morocco" by Associated Press | March 31, 2010

DUBAI, United Arab Emirates — Moroccan authorities recovered the body of the director of the world’s largest sovereign wealth fund yesterday, five days after a glider he was riding in plunged into a lake in the North African kingdom.

Is that the cover story?

Sheik Ahmed bin Zayed Al Nahyan, whose glider crashed into a lake south of the Moroccan capital, Rabat, on Friday, was managing director of the Abu Dhabi Investment Authority. He was also a younger brother of the president of the United Arab Emirates.

The 38-year-old Sheik Ahmed was ranked 27th on Forbes’s list of the world’s most powerful people in 2009. Analysts believe the Abu Dhabi fund he led is the world’s largest sovereign wealth fund, with estimates of its size ranging from less than $400 billion to $875 billion.

The search for his body involved more than 100 divers from Morocco, the Emirates, France, Spain, and the United States. Two royal Moroccan helicopters, night vision equipment, and a medical helicopter were also used, according to Morocco’s state news agency.

Hey, how can you doubt all that, huh?

The Abu Dhabi fund’s investments include a $7.5 billion cash injection into Citigroup Inc. in 2007.....

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Hey, maybe it is all innocent and it happened just as the papers says.

In that case, they have ruined their credibility with the endless lying and I no longer believe them over anything.

That is the state of the relationship between AmeriKa's newspapers and its citizens, people.

Sad.