<story><title>Saudi Aramco’s $2T Zombie IPO</title><url>https://www.bloomberg.com/news/articles/2018-07-07/saudi-aramco-s-2-trillion-zombie-ipo</url></story><parent_chain></parent_chain><comment><author>olivermarks</author><text>The Aramco ipo is less urgent after MBS extracted well over 100 billion from his tribal cohort &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.hindustantimes.com&amp;#x2F;world-news&amp;#x2F;saudi-arabia-says-it-has-arranged-to-seize-over-100-billion-in-financial-settlements-in-corruption-purge&amp;#x2F;story-VvVp2MxksGSqLXx1thXNdI.html&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.hindustantimes.com&amp;#x2F;world-news&amp;#x2F;saudi-arabia-says-...&lt;/a&gt;</text></comment>
<story><title>Saudi Aramco’s $2T Zombie IPO</title><url>https://www.bloomberg.com/news/articles/2018-07-07/saudi-aramco-s-2-trillion-zombie-ipo</url></story><parent_chain></parent_chain><comment><author>startupdiscuss</author><text>Just to underscore the argument that they want to diversify the economy, about 45B of SoftBank&amp;#x27;s massive fund is from SA&amp;#x27;s Public Investment Fund.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;techcrunch.com&amp;#x2F;2017&amp;#x2F;08&amp;#x2F;09&amp;#x2F;how-softbanks-100b-fund-is-in-a-league-all-its-own&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;techcrunch.com&amp;#x2F;2017&amp;#x2F;08&amp;#x2F;09&amp;#x2F;how-softbanks-100b-fund-is...&lt;/a&gt;&lt;p&gt;That&amp;#x27;s a lot of money even for SA. ($100B is a nice round number, approximately equal to the amount they would raise in the IPO, the amount they &amp;quot;extracted&amp;quot; during their corruption drive, and the amount of Softbank&amp;#x27;s total fund.)</text></comment>