(Bloomberg) Prince Alwaleed bin Talal, the Saudi royal who seems to own most everything there is to own — a chunk of Rupert Murdoch’s News Corp, a piece of Twitter, all of Paris’s George V Hotel, the Savoy in London, and a Boeing 747 for his personal use — was sitting in the lobby of the Four Seasons Hotel in Chicago the other evening (he and Bill Gates own most of Four Seasons Holdings), offering up the view — the view of an experienced negotiator from the Middle East — that U.S. President Barack Obama is outmatched by the Islamic Republic of Iran.

“There’s no confidence in the Obama administration doing the right thing with Iran,” he told me, with a directness that would make Benjamin Netanyahu blush. “We’re really concerned — Israel, Saudi Arabia, the Middle East countries — about this.”

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