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Reader comment on:
Where Are Clinton, Schumer?

Submitted by CS Goldstein, Mar 22, 2007 16:17

The Financial Times ,also, revealed the LBO being used by the Kuwaiti groups
purchasing Aston Martin, while six percent is being retained by Ford, reportedly, is being done in accordance with Sharia Law. The introduction of Sharia Law in various aspects of the banking and finance industries
is a caution, and must be checked and thoroughly explained to this country and the Western world. How is it in compliance with International Banking laws, standards, and accounting standards? The Koran is against charging interest and practices of speculation. How will this effect banking standards, today, as Sharia Law sections are being set-up in US banks domestically and internationally.
Is it discriminatory ? Can anyone ,Muslim ,or not, participate in no interest loans ? Will other customers have to make up for the losses in interest ? Citigroup, Deutsche Bank, West L.B., and Barclay's are all becoming involved in Islamic banking that is determined by Sharia Law.
How does this effect Ford and its holdings ? How does this sale with Ford's involve it in the Arab Boycott,
if at all? Do the Kuwaiti investors intend to comply with the Arab Boycott, or our laws against the Boycott?
Will the company continue to buy from suppliers in the US who deal with Israel? And will Ford's continue
doing business with Jewish, and non- Jewish, owned companies that deal with Israel?
This new advent in banking has been occurring for awhile, but it is time it is thoroughly discussed in the press and by our elected officials. Could Mr.Ibraham discuss this, please?


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The Financial Times ,also, revealed the LBO being used by the Kuwaiti groups
purchasing Aston Martin, while six percent...

CS Goldstein 

Mar 22, 2007 16:17

Where are our mouthy senators? I am 72 years old and am so thankfull that I have lived my life... [MORE]

Marie Simmons 

Mar 22, 2007 11:31

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