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, www.ft.com.
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
No comments:
Post a Comment
Thanks for commenting.