Friday, September 21, 2007

Ay-rabs at NASDAQ! So What?

Big news: Dubai is buying a piece of NASDAQ.

It's more complicated than that, of course. There's a swap involving OMX, a Nordic group, Borse Dubai, and DIFX, Dubai’s international exchange. If you want to sort it all out, good luck. There's an article at Financial Times,

Predictably, there's a fuss over terrorists hacking into NASDAQ through Dubai, foreign ownership, and all the rest.

I agree with part of the concern. I hope that NASDAQ has security measures in place, guarding against any of their members hacking into their system.

As to the rest, I may be missing something, but I don't see a problem with a wealthy Middle Eastern power having an interest in keeping NASDAQ up and running and profitable.

There's nothing like enlightened self-interest, for keeping the peace.

Related posts, on tolerance, bigotry, racism, and hatred

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Note! Although I believe that these websites and blogs are useful resources for understanding the War on Terror, I do not necessarily agree with their opinions. 1 1 Given a recent misunderstanding of the phrase "useful resources," a clarification: I do not limit my reading to resources which support my views, or even to those which appear to be accurate. Reading opinions contrary to what I believed has been very useful at times: sometimes verifying my previous assumptions, sometimes encouraging me to change them.

Even resources which, in my opinion, are simply inaccurate are sometimes useful: these can give valuable insights into why some people or groups believe what they do.

In short, It is my opinion that some of the resources in this blogroll are neither accurate, nor unbiased. I do, however, believe that they are useful in understanding the War on Terror, the many versions of Islam, terrorism, and related topics.