Is Saddam trading OIL??
- Thread starter bungrider
- Start date
Lets assume he does....it would not compare to the money he is making as a dictator ( look at Fidel Castro; he has a net worth estimated at 10 billion, accrding to a forbes article a while back, and that me amigo is grossly underestimated ) Oil trading profits would be a drop in the bucket........Its all about the cheese 
..no not mr.markets cheese......peace
..no not mr.markets cheese......peaceQuote from ElCubano:
Lets assume he does....it would not compare to the money he is making as a dictator ( look at Fidel Castro; he has a net worth estimated at 10 billion, accrding to a forbes article a while back, and that me amigo is grossly underestimated ) Oil trading profits would be a drop in the bucket........Its all about the cheese
He could easily take 300,000 contracts short and then take oil below 20 a barrel. Then he could cover or deliver against.:eek:
That's 4 billion and he is still in power.
Why wouldn't he since one come to politics for Business
Frederick C. Howe revealed the strategy of using government in a 1906 book, Confessions of a Monopolist: "These are the rules of big business...Get a monopoly; let society work for you; and remember that the best of all business is politics..."
Frederick C. Howe revealed the strategy of using government in a 1906 book, Confessions of a Monopolist: "These are the rules of big business...Get a monopoly; let society work for you; and remember that the best of all business is politics..."