The Fixer
Well-Known Member
Braggster said:The Fixer said:Oh tight, so oil is his only interest right?.... no wrong he own's lots of businesses, infact he's that clever he invested 400 mill in barclays and turned that into 1.5 billion... not bad for a guy who was born wiv a silver spoon!
Where did I suggest that he only owns oil interests? I said he wouldn't be rich without the oil. Not the same thing.
Yes he did do well out of the Barclays deal, you are right. Still doesn't make him a great business brain. And the management of City so far has been patchy - at best.
I know Abu Dhabi and Dubai are not the same place, but the DIC precedent really does worry me, I must say.
"Not knocking the sheikh or anything, but he's only rich because his family struck oil, not because he's some great business genius"
the sheik has made his own personal fortune some 30 billion through his own business dealings. Yes his family own the soverign to which he is the chairman.
But to say he's only rich cos he was born into a rich family is stupid imho. Yes he may of made 1/2 little mistakes while owning city but certainly nothing catastrophic... he'll bring success of that i'm certain!