(September 29, 2016 at 7:24 pm)InquiringMind Wrote:(September 29, 2016 at 6:39 pm)Thumpalumpacus Wrote: "Possession is 9/10ths of the law."
If those assets are in America, what will the Saudis do?
I think that since there isn't a higher authority shared by the US and Saudi Arabia to oversee the process and enforce the judgements, the power of the law only goes as far as the Saudis are willing to cooperate with it.
What are they going to do, come move the buildings they own here over to SA? Perhaps seize Chase by force of arms?
I don't think you're thinking this through. The interconnection of the world's economy means that every country worth mentioning has hooks on every other country worth mentioning -- especially America, a favorite investment destination. We don't need Saudi cooperation to impound funds generated in America by Saudi investments.