Sheikdom shakedown: Dubai moves on Nasdaq

Sheikdom shakedown: Dubai moves on Nasdaq

www.worldnetdaily.com

In a complex set of transactions, Dubai is moving to acquire 19.9 percent of the Nasdaq in New York, placing the Arab government in an ownership position of the key U.S. stock exchange and raising concerns in Congress.

As a result of the transaction, Dubai also will acquire 28 percent of the London Stock Exchange, one of the oldest and largest in the world.

(visit the link for the full news article)


Related News Links:
www.nasdaq.com
www.marketwatch. com

Mod Edit: Removed copy/paste over the 500 character limit.

[edit on 21-9-2007 by UM_Gazz]

This is a little over my head, as I'm not a economist, but what do you guys have to say on it. Seems a bit odd with the recent shaky economy. Could this be an economic 9/11?

I don't think this has been posted, so it's very interesting if anyone has something to say.

www.worldnetdaily.com
(visit the link for the full news article)

[edit on 21-9-2007 by Gorman91]

Don't forget, the Nasaq has been on a highway to heaven for the last few months.

[edit on 21-9-2007 by Gorman91]

Already covered here:

www.abovetopsecret.com...

Thread closed.