"Dubai Official: Dubai World's Debt Its Own"

[W_HAMILTON]

What the hell does this mean? It's listed as a breaking news headline right now on Morning Joe. Am I just reading it incorrectly? On a different wavelength, maybe?

[maddezmom]

1. a bit more here

~snip~

According to reports from Reuters Monday, the Dubai government said it will not guarantee Dubai World's debts, and creditors will be affected in "the short term" by the conglomerate's restructuring. Abdulrahman al-Saleh, director general of Dubai's department of finance, also said market reaction to Dubai World's announcement last week was exaggerated and did not match the extent of the conglomerate's woes.

http://www.streetinsider.com/General+News/U.A.E.+Speaks+On+Dubai,+But+Offers+No+Direct+Support+On+Dubai+World+Debt/5144081.html

[SpiralHawk]

2. "Pull yourself up by your own republicon cronies." - Dubby Guv

http://wpcontent.answers.com/wikipedia/commons/thumb/3/39/Dr_Martens,_black,_old.jpg/200px-Dr_Martens,_black,_old.jpg

[Bitwit1234]

3. Gee you all remember that cheney's company Halliburton

pulled up stakes and moved there. Wonder if they are bankrupt , again? Well this time cheney doesn't have the money of the US taxpayer to throw at the company to keep it from going under. Think maybe that's why his daughter and the republicans FOLKS??? are touting him for president. He wants to take more of our money and give it to Halliburton.