dubai debt move 'carefully planned' - smh, page-28

The news released while US closed was part of the plan to make some money (the sheik) on his short positions because the Dow is not going to blink at this news. Banks hold a trillion bucks in bad debt on their books already....this will affect no one by and large as dubai property crashed months ago...provisions have been made....its actually old news in a sense. Dow Futures down 25