That's true. Maybe Bambi's feeling empowered, however; when he feels he's got a winning hand, he's very arrogant and rude.
As you say, it's not like him to argue issues. Maybe he just said to the Saudi King, "I won."
You mentioned the role Saudi money had in Obama's 2008 Presidential Campaign. (The Obama Campaign concealed the souces of hundreds of millions of dollars in contributions.)
Do not forget the Percy Sutton Youtube video. That's were Sutton revealed having been recruited by an agent of the Saudi Crown to help Obama get into Harvard Law School. How did the Obama camp respond? They sealed all Obama's school records - including financial records.
Unless Obama does not intend to run for reelection in 2012, he would not be arrogant with the man who can reveal those school financial records, those campaign contributions and the Saudi financial sponsorship of the Chosen One.