Wednesday, December 09, 2009

Sentences to ponder

In a sign of the struggles Dubai World could face to keep its prized assets, Istithmar World lost its W Hotel in New York in a foreclosure auction Tuesday. The hotel was sold for $2 million. Istithmar World bought the property for $282 million in 2006.
That's from Reuters.


Blogger nzm said...

Someone just got screwed.

8:04 PM  

Post a Comment

<< Home