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To: areafiftyone
this was a rumor that swept through the London markets as an excuse for why the Treasury Secretary is doing a presser with Saudi officials. Rumor made no sense in the first place (why would Snow rather than Bush or Rummy do that and why would the Saudis be there?), but it was moving markets, so needed to be confirmed or denied. It was denied.
7 posted on 01/22/2004 7:29:55 AM PST by babble-on
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To: babble-on
Thanks for the info. That's why I did't post this in breaking news. I wasn't sure what this was about.
12 posted on 01/22/2004 7:32:29 AM PST by areafiftyone (Democrats = the hamster is dead but the wheel is still spinning)
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To: babble-on
excuse for why the Treasury Secretary is doing a presser with Saudi officials.

Why do they need an excuse? He's there talking about Iraqi Debt.

Statement by the Press Secretary

Special Presidential Envoy James A. Baker III will travel to Qatar, the United Arab Emirates, Kuwait and Saudi Arabia on January 19-22 to discuss reduction of Iraq's official debt. Special Presidential Envoy Baker will also meet with Iraqi officials to discuss Iraq's debt.

33 posted on 01/22/2004 7:46:44 AM PST by OXENinFLA
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