Here's the scenario: Saudi Arabia's Prince Alwaleed bin Talal, a nephew of the king and a savvy global investor, is the largest individual shareholder in (now humbled) banking behemoth Citigroup.

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The residents of Beverly Hills, no doubt humbled by that nasty incident with Rodney King, have replaced their Ferraris with Jeep Cherokees.

ECONOMIST: ��Seinfeld��, LA��s Trojan horse