:39:01
The lawyers the Saudi defense minister
:39:03
hired to fight the 9/11 families?
:39:06
The law firm of Bush family confidante,
:39:09
James A. Baker.
:39:11
So right here in the center of
:39:13
three important American landmarks, uh,
:39:15
the Watergate hotel and office building,
:39:19
the Kennedy Center over there, and uh,
:39:22
the embassy of Saudi Arabia.
:39:26
Wow.
:39:27
How much money do the Saudis
:39:29
have invested in America, roughly?
:39:31
Uh, I've heard figures inside of $860 billion dollars.
:39:35
860 billion.
:39:37
Billion.
:39:39
That's a lot of money.
:39:40
And uh, what percentage of our economy is that?
:39:46
That seems like a lot.
:39:47
Well, in terms of investments on Wall Street,
:39:50
American equities,
:39:51
it's roughly six or seven percent of America.
:39:55
They own a fairly good slice of America.
:39:57
And most of that money
:39:58
goes into the great blue chip companies:
:40:00
Citigroup, Citibank is the largest stock
:40:03
held by the Saudis.
:40:05
AOLTimeWarner has big Saudi investors.
:40:09
So I read where like the Saudis
:40:11
have a trillion dollars
:40:12
in our banks of their money.
:40:13
What would happen if like one day
:40:15
they just pulled that trillion dollars out?
:40:17
A trillion dollars,
:40:18
that would be an enormous blow to the economy.
:40:22
Could I speak with you for a moment please, sir?
:40:23
Uh yeah, sure.
:40:24
Good, how are you doing?
:40:26
Good
:40:26
Steve with the Secret Service.
:40:28
We're just ascertaining information regarding,
:40:31
are you making a documentary
:40:32
regarding the Saudi Arabian embassy?
:40:33
Uh, no.
:40:35
I am doing a documentary.
:40:36
And part of it is about Saudi Arabia.
:40:38
Even though we were nowhere near the White House,
:40:40
for some reason the Secret Service
:40:42
had shown up to ask us
:40:44
what we were doing standing across the street
:40:46
from the Saudi embassy.
:40:48
We're not here to cause any trouble or anything.
:40:50
Uh, ya know, is that...
:40:51
That's fine.
:40:53
Just wanted to get some information
:40:54
on what was going on.
:40:56
Yeah yeah yeah,
:40:57
I didn't realize the Secret Service
:40:59
guards foreign embassies.