Sunday, 13 December 2009

Goldman Sachs conference call on the Dubai debt crisis

This is a recording of the recent conference call on the Dubai debt crisis organized by Goldman Sachs (click here).

Goldman Sachs estimates Dubai debts total around $120 billion. The events of the past few weeks are the start of a wide ranging restructuring of Dubai but there will be no global contagion, predicts the bank.

Thank you to the ArabianMoney.Net reader who sent us the link to this recording which we think is a matter of public interest and greater transparency.

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