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Economy: Stocks / Dubai #961427

CBS Evening News for Friday, Nov 27, 2009
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(Studio: Harry Smith) Drops in the Dow Jones and Asian stock markets due to concerns about a debt crisis in Dubai cited.

(New York: Hari Sreenivasan) Dubai’s enormous debts featured; details given about loan problems for investment company Dubai World and real estate developer Nakheel†. [Seaport Securities Ted WEISBERG†- speculates on Dubai’s announcement on the day before Thanksgiving; comments on the ripple effect on US banks.] [IG Index David JONES†- worries about a credit crunch part 2.]

Smith, Harry;
Sreenivasan, Hari

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