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Re: clawmann post# 146210

Tuesday, 07/29/2008 10:26:41 AM

Tuesday, July 29, 2008 10:26:41 AM

Post# of 326352
Someone with DP's experience & credentials certainly can't hurt NEOM's prospects and credibility. But as far as bringing in 'new' money is concerned, I suspect YA will remain the gatekeeper (as in broker) for all future NEOM funding just as in the past--YA likes the structuring and documentation fees as well as controlling the 'table' action--which will become more important whether NEOM gains traction and succeeds at becoming a real business, or just ends up being sold for its IP. YA is not a monolith, but rather a conduit (broker) for investment by others in NEOM--always has been. So who are these investors? We'll probably never know unless we end up in court. YJ.