Wait, That's How Scott Pelley Reacted to His Firing From CBS News?
John Cornyn Stepped on a Social Media Landmine...and the Results Were Very Messy
Iranian Dual Citizen Busted for Supplying Equipment to Tehran
Bernie Sanders Says the Socialist Part Out Loud With New Artificial Intelligence Bill
Scott Pelley and Bari Weiss Respond to Pelley's Termination From CBS
Some of Scott Pelley’s Comments Explain the Type of Man He Is and...
Democrat Abdul El-Sayed Pushed the 'Hoodies and Hijabs' Hate Crime Hoax, but Here's...
California’s New Congressional Map May Have Just Backfired on Gavin Newsom
This Democrat Just Stormed Out of Marco Rubio's House Hearing
Katie Porter Falls Flat in California's Gubernatorial Race
Democrats' Maine Senate Gamble Raises Questions About Standards
Detransitioner Chloe Cole Testifies on Devastating Effects of Transition
Kansas Woman Sentenced for $450K Benefits Fraud Using Dead Relative’s Identity
Yes, People Still Voted for Eric Swalwell
'Fascist Collaborator': Bravo Host Goes Off the Rails Over Scott Pelley's Firing From...
OPINION

Gadhafi Stashed Cash on Wall Street

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Gadhafi Stashed Cash on Wall Street
(Newser) – Moammar Gadhafi has a hefty chunk of Libya's money parked right here on Wall Street. The advocacy group Global Witness has released a document revealing that Libya's sovereign wealth fund has invested $53 billion with help from Goldman Sachs, JP Morgan, HSBC, and European bank Société Générale. The group's calling for an investigation into "whether these banks have done enough to ensure that state funds have not been diverted to the Gadhafi family."
Advertisement

"Gadhafi makes no distinction between his personal assets and the resources of the country." says a prosecutor at the International Criminal Court. The investments appear to have been legal when Gadhafi made them, and the funds held in the US should now be frozen, according to the New York Times, which verified the documents. In addition to parking the money in the banks mentioned, Libya has also bought stock a lot of US bonds, and owns stock in such big-name companies as General Electric, Halliburton, BP, and Nokia.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement