All Posts Tagged With: "property assets"

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Dubai Debt Story More Like Bear Stearns Less Like Lehman Brothers

But first things first. Dubai World is not nearly large, leveraged, or systemically important as either Bear Stearns or Lehman Brothers when both those firms failed. For those reasons, it’s unlikely that the failure of Dubai World (and we’re not saying it will fail) would, by itself, cause a global deleveraging.

November 30th, 2009 | Dan Denning | 18 comments | Continued
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