The explosion of oil prices in late 1973 and early 1974 put too muc...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
The explosion of oil prices in late 1973 and early 1974 put too much wealth at the disposal of young Saudis; business opportunities at home beckoned. These Bedouin Arabs were also too attached to culture and family to remain in London for an extended period. “There were never enough Saudis,” said one Morgan person.
chapter: 30. Sheiks