Treasury Memo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Treasuries. this summer, secretary tim geithner travelled to saudi arabia and the united arab emirates, selling them more u.s. debt. how did he do? he won't tell us. in fact, the treasury department won't reveal how much individual oil exporting countries hold, or have ever held in u.s. treasuries. in 1974, treasury secretary william simon struck a deal with saudi arabia for the saudis to start buying billions of dollars of u.s. debt. secretly. a secret treasury memo to then secretary of state henry kissinger explained that, quote, purchases under this agreement over the next six months are ex...

Fourth largest holder of u.s. debt, with $230 billion in u.s. treasuries. this summer, secretary tim geithner travelled to saudi arabia and the united arab emirates, selling them more u.s. debt. how did he do? he won't tell us. in fact, the treasury department won't reveal how much individual oil exporting countries hold, or have ever held in u.s. treasuries. in 1974, treasury secretary william simon struck a deal with saudi arabia for the saudis to start buying billions of dollars of u.s. debt. secretly. a secret treasury memo to then secretary of state henry kissinger explained that, quote, ...