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Vote this article up at Yahoo: Cantor Fitzgerald Sues Saudis for Losses

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gatorboy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-04 07:12 PM
Original message
Vote this article up at Yahoo: Cantor Fitzgerald Sues Saudis for Losses
http://news.yahoo.com/news?tmpl=story&u=/ap/20040903/ap_on_bi_ge/cantor_fitzgerald
<SNIP>
NEW YORK - Cantor Fitzgerald Securities, a bond trading firm that lost two-thirds of its workers in the World Trade Center attack, has sued Saudi Arabia for allegedly supporting al-Qaida prior to the Sept. 11 attack through financing, safe houses, weapons and money laundering.

The company, in a $7 billion lawsuit filed Thursday in U.S. District Court in Manhattan and made public Friday, also named dozens of other defendants, including numerous banks and Islamic charities, in a bid to hold them accountable for its losses in the terrorism attack.

The Cantor Fitzgerald lawsuit took particular aim at Saudi Arabia, saying the kingdom "knew and intended that these Saudi-based charity and relief organization defendants would provide financial and material support and substantial assistance to al-Qaida."

According to the lawsuit, Saudi Arabia engaged in a pattern of racketeering as it participated directly or indirectly in al-Qaida's work through its "alter-ego" charities and relief organizations, which it funded and controlled.
<SNIP>

Keep this one at the top at Yahoo! Soon more people will realize who Bush considers his friends...
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Xenus Sister Donating Member (354 posts) Send PM | Profile | Ignore Fri Sep-03-04 07:15 PM
Response to Original message
1. OMG, this is fantastic!
Cantor Fitzgerald would never have launched this without a huge pile of solid evidence. I hope there's no settlement so that all the evidence gets a public hearing.

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UdoKier Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-04 07:22 PM
Response to Original message
2. And of course, James Baker will again defend the Saudis.
Edited on Fri Sep-03-04 07:54 PM by UdoKier
It's Amazing that much of America LOVES the man who ignored the warnings, whose incompetence caused 9-11, and who is BEST FRIENDS with the Saudi terror-coddling dictatorship.
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gatorboy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-04 07:53 PM
Response to Original message
3. Looks like someone found the article.
The numbers are going down fast now....
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