The case of the International Bank (TIBC), allegedly owned by a scion of the Saudi merchant class, the Al Gosaibi family of Al Khobar, is a poignant example of this latter regulatory arbitrage. The case was not only covered widely in regional press, but also garnered wide coverage in the West. The global press’s interest was driven by the sheer size of the affair, and the numerous legal actions stemming from its fallout and was bolstered by leaks of confidential reports that provided a glimpse into a case of high finance gone wrong.