Parsad Posted November 25, 2009 Share Posted November 25, 2009 State-controlled Dubai World, the builders of the palm-shaped island development and a myriad of other projects, is on the verge of bankruptcy! Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=a.LazCgxcywM&pos=1 Link to comment Share on other sites More sharing options...
Parsad Posted November 26, 2009 Author Share Posted November 26, 2009 More on the biggest potential soverign default since Argentina! If it goes, I'm sure it will take a few others with it. Some European banks and Arabian banks are going to lose ALOT of money. Cheers! http://www.bloomberg.com/apps/news?pid=20601087&sid=aO.S.lkGgmb0&pos=2 Link to comment Share on other sites More sharing options...
Guest kawikaho Posted November 27, 2009 Share Posted November 27, 2009 Index futures are pointing to some hefty losses on Friday. Link to comment Share on other sites More sharing options...
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