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We are not insulated in USA

Reader comment on item: Dubai's Dramatic Drop

Submitted by Occidentalist (United States), Feb 28, 2009 at 05:59

The games played by the Dubai based Emaar Properties (in conjunction with good old American greed) have combined to lead to the bankruptcy of WL Homes dba John Laing Homes a 100 year old builder, Emaar bought the co in 2006 for over $1B. Thanks.

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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