2023-04-19 01:42:32
Al-Marsad Newspaper: Writer Fadl Al-Buainain revealed the details of the crisis caused by his press statements regarding the “bankruptcy of Saudi banks,” indicating that he almost lost his job.
crisis Finance
He said during an interview with the program “Al-Liwan” broadcast on the Gulf Rotana channel: “I wrote an article at the beginning of 2007 and warned of a major global financial crisis that may occur, but we do not know when,” pointing out that this crisis occurred in America.
Dealers the bag
He continued: “Bag traders in Europe and America, if a crisis occurs to them, they go to Saudi Arabia and the Gulf states, and sell their bonds and funds, and they used to work comfortably, and these funds have the majority of investors in them Saudis, but those managed by foreign banks, and if the funds go bankrupt, the funds go bankrupt.”
bankruptcy Boxes
And he added: “After a while, an editor asked me a question regarding what will happen to the Saudi and Gulf investors. I said if the funds go bankrupt, they will go bankrupt from their investment in the funds.”
a permit mistake
And he continued in the morning, I was surprised by the title that it was a reference to the possibility of bankruptcy of Saudi banks, and I contacted the colleague and told him what you wrote wrong, so he said we should put spices.
Amendment
He added: “I asked for the amendment in the electronic version and released my responsibility, then I received a call from a supervisory authority, and I said that I did not say.”
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