Thousands of investors, corporate chieftains and government leaders flocked to the kingdom to hear the charismatic young heir to the Saudi throne outline his plans for modernization of the reclusive kingdom, and to be invited along for the ride and the profits.
As a second conference approaches this month in Riyadh, Mohammed, 33, seems far less dashing. Over the past week, many who had planned to attend have abruptly canceled, scrambling to distance themselves from what they now see as a runaway train headed for disaster.