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Beth

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Olympia

Dubai and the U.S. stock exchange?

9/23/2007 12:47:44 AM

http://www.worldnetdaily.com/staticarticles/article57749.html

HOMELAND INSECURITY
Sheikdom shakedown: Dubai moves on Nasdaq
Arab ownership of U.S. stock exchange raises flag in Congress

Posted: September 20, 2007
4:14 p.m. Eastern

By Jerome R. Corsi
© 2007 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.

The transaction is being made through Borse Dubai, -- http://www.wnd.com/redir/r.asp?http://www.borsedubai.ae/ a holding company 100-percent owned by the government of the Emirate of Dubai and controlled by Mohammed bin Rashid al-Maktoum, -- http://www.wnd.com/redir/r.asp?http://www.sheikhmohammed.co.ae/ -- the head of the Dubai ruling family.

According to its website, Borse Dubai was created Aug. 6 as the holding company for Dubai Financial Market and Dubai International Financial Exchange in a move to consolidate the Dubai government's two stock exchanges "as well as current investments in other exchanges, expanding Dubai's position as a global capital market hub."

(Story continues below) http://www.worldnetdaily.com/staticarticles/article57749.html

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Mary 998 6209 Ottumwa	Re: Dubai and the U.S. stock exchange? 9/23/2007 1:47:03 AM
	Hello Beth, Is this nuts or what? The US doesn't even own it's biggest stock exchange! I would really would like to know how that happened. Mary
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Nick 4679 23156 Brampton	Re: Dubai and the U.S. stock exchange? 9/24/2007 3:34:11 AM
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Terry And Clarissa 94 33 Evergreen	Re: Dubai and the U.S. stock exchange? 9/24/2007 3:38:41 AM
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