ML-Implode News - Saudis Threaten to Sell Off Hundreds of Billions in US Assets if 9/11 Bill Passes

The Saudi Arabian government has threatened to sell of hundreds of billions of dollars' worth of American assets should the U.S. Congress pass a bill that could hold the kingdom responsible for any role in the Sept. 11, 2001 attacks, the New York Times reported on Friday.
The newspaper reported that Saudi foreign minister Adel al-Jubeir told U.S. lawmakers last month that "Saudi Arabia would be forced to sell up to $750 billion in Treasury securities and other assets in the United States before they could be in danger of being frozen by American courts."

The bill, which passed the Senate Judiciary Committee earlier this year, would take away immunity from foreign governments in cases "arising from a terrorist attack that kills an American on American soil."

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Saudis Threaten to Sell Off Hundreds of Billions in US Assets if 9/11 Bill Passes