The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret

Reposted from Bloomberg.com by Andrea Wong, May 20, 2016 Failure was not an option. It was July 1974. A steady predawn drizzle had given way to overcast skies when William Simon, newly appointed U.S. Treasury secretary, and his deputy, Gerry Parsky, stepped onto an 8 a.m. flight from Andrews Air Force Base. On board, the … Continue reading The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret