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Friday, September 21, 2007

well call me closed minded

but i sure as shite am NOT comfortable with this:

Dubai Agrees To Acquire 20% Stake in Nasdaq Market
3 Mideast Nations Seek Major Stakes in West

By Tomoeh Murakami TseWashington Post Staff Writer
NEW YORK, Sept. 20 -- Middle Eastern governments announced a series of billion-dollar deals Thursday that would give them stakes in financial institutions at the heart of Western capitalism, raising concerns in Washington about sensitive foreign investments.
Under a complex three-way deal, the stock exchange owned by the government of Dubai would acquire a 19.9 percent stake in the Nasdaq Stock Market, becoming the first government in the Middle East to own a substantial interest in a U.S. exchange.

Separately, Carlyle Group of the District said it was selling a 7.5 percent share of its general ownership to an investment group owned by the government of Abu Dhabi, which like Dubai is part of the oil-rich United Arab Emirates. The Qatar Investment Authority, a government investment fund, said it bought a 20 percent stake in the London Stock Exchange. ......

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