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Tag Archives: Lehman Bros.
Shock over Dubai woes is overdone
One of the traders who was quoted over the weekend in the financial press helped put the Dubai debt crisis in perspective. He noted that Dubai World’s debt is $60 billion, but when Lehman Brothers Holdings went belly up over a year ago, it’s debt burden was $1 trillion. ~~John Cronin~~ http://online.wsj.com/article/SB30001424052748703499404 574561541613011518.html online wsj.com [...]
Posted in Business, Economy, Solid Principles, Wall Street
Tagged as: Dubai World, Lehman Bros.
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