The Great Debate

Dubai must recover investor faith

November 26, 2009

BRITAIN/– Neil Unmack is a Reuters columnist. The opinions expressed are his own —

Some kind of debt restructuring was inevitable for Dubai’s myriad overleveraged borrowers, but the emirate’s decision not to support property developer Nakheel and seek a debt standstill for holding company Dubai World has devastated its standing in financial markets. Dubai’s future and ability to attract much-needed external capital will depend on how it handles the fallout.

from Commentaries:

Giving props to Wall Street’s risks

September 17, 2009

Wall Street would like you to believe that when investment banks take on risk they are largely doing it for the benefit of investors -- maybe even you and me.

Diamond hangs on to Barclays crown jewel

June 8, 2009

Margaret DoyleYou have to hand it to Barclays. The reported sale of BGI, its fund management arm, to BlackRock  for $13 billion is probably the best way that the bank could bolster its capital ratio.

Nationalization: Terrible but inevitable

By J Saft
January 23, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Nationalization of weak banks in Britain and the United States may be preferable to current plans for insurance and soft “bad banks” schemes which risk being swamped by future losses as assets, especially real estate, continue to crater.