by Calculated Risk on 12/14/2009 12:33:00 AM
Monday, December 14, 2009
Misc: Dubai, Citi, CRE
From the WSJ: Abu Dhabi Supplies $10 Billion to Dubai
Dubai's government Monday said it received $10 billion in financing from Abu Dhabi, which will pay part of the debt held by conglomerate Dubai World and its property unit Nakheel.From the NY Times: Citigroup Nears Deal to Return Billions in Bailout Funds
Citigroup was close to a deal on Sunday night to be the last of the big Wall Street banks to exit the government’s bailout program, after trying to persuade regulators that it was sound enough to stand on its own.And on CRE: