Archive for December 17th, 2009

The dark side of Dubai

Thursday, December 17th, 2009

Full story here. This came out before the STHF in Dubai.

“The wide, smiling face of Sheikh Mohammed – the absolute ruler of Dubai – beams down on his creation. His image is displayed on every other building, sandwiched between the more familiar corporate rictuses of Ronald McDonald and Colonel Sanders. This man has sold Dubai to the world as the city of One Thousand and One Arabian Lights, a Shangri-La in the Middle East insulated from the dust-storms blasting across the region. He dominates the Manhattan-manqué skyline, beaming out from row after row of glass pyramids and hotels smelted into the shape of piles of golden coins. And there he stands on the tallest building in the world – a skinny spike, jabbing farther into the sky than any other human construction in history. (more…)

Morgan Stanley does jingle mail too

Thursday, December 17th, 2009

Full story here from ZeroHedge. MS defaults on 5 properties. Explain how this is okay for business, but underwater homeowners have a “moral” obligation to stay in their home even if it is not in their financial best interest. Been smoking them “green shoots” lately?

What do the five buildings below have in common:

 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/201%20California.jpg

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/One%20Post.jpg

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/Foundry%201.jpg

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/188%20Embarcadero.jpg

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/volcker/60%20Spear.jpg (more…)

BAE, Saudi Arabia and Tony Blair

Thursday, December 17th, 2009

Full story here. This was a while ago, but there is more noise on this recently since the Chilcot tribunals are looking at Tony Blair’s actions while Prime Minister. Here is another link for more on the scourge known as BAE. Please also remember that Prince Bandar was such close friends with the Bush family that they used to call him Bandar Bush. Nooooo conflicts of interest anywhere. Move along, people. (more…)