Dubai Confusion Shows Rogue Waves Are Still Out There

Tuesday, December 1, 2009 9:03 AM
By: Hans Parisis

If you don’t understand very well what’s going on in Dubai, don’t worry; you aren’t an exception.

This morning, Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, took questions about the fallout of Dubai World’s request for a standstill on its debts:

About international investors, he said: “They do not understand anything.â€