Where is all the oil money going?

Mish had a fascinating post of the same title. Hopefully he doesn’t mind me borrowing it. Take a look at these photos of the Sultan of Brunei’s plane. (Hat tip Clif). By the way, I can’t vouch for the factual accuracy of this info; I received it in an e-mail forward. But what the hell:

An Air Force Lt. General wrote: I toured this aircraft as it was being ‘remodeled’ in Texas. Yes, the sinks are solid gold and one of them is Lalique crystal. The Sultan bought the aircraft brand new for roughly $100 Million dollars. He had it flown to Texas from the Boeing factory and had the interior completely removed. Then, he had the folks at E-Systems install $120 Million worth of improvements inside and outside. I have gained entrance to nuclear weapons storage areas much easier than it was gaining entrance to see this airplane. While there it struck me. Maybe the rich really are different than the rest of us.

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Read other posts on OptionARMageddon:

Capital Raising, Merrill trickery
Fannie/Freddie may need to raise MUCH more capital
A Great Society No Longer? Interview with GAO chief David Walker
Walking Away……
Sanity at last? Paulson rejects bailouts
CDS, a hedge-funder’s view
Baltimore Sun Op-Ed: Ron Paul calls it on Fannie and Freddie

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