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Loan Modification

: Mortgage Lender Implode-o-Meter

Dubai Holding Gets $2 Billion Fresh Capital From Government

By Implode-Explode Heavy Industries

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"Dubai Holding, controlled by the emirate?s ruler Sheikh Mohammed Bin Rashid Al Maktoum, owes banks about $12 billion, a person with knowledge of the matter said in May. Almost three- quarters of its debt has been racked up by Dubai International Capital and Dubai Group LLC, the person said"

Full post as published by Mortgage Lender Implode-o-Meter on November 16, 2010 (boomark / email).

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