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Dubai Assets Could Be 'untouchable'


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http://www.telegraph.co.uk/finance/globalbusiness/6720660/Dubai-assets-could-be-untouchable-lawyers-warn-embattled-bondholders.html

What ya gonna do

What ya gonna say

What ya gonna do

What ya gonna say

Did it, what ya gonna do

Did it, what ya gonna say

Did it, what ya gonna do

Did it, what ya gonna say

Did it for me, Did it for me

Did it for me, Did it for me

(ey, uh yeah) What ya gonna do

(ey, uh yeah) What ya gonna say

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http://www.telegraph.co.uk/finance/globalbusiness/6720660/Dubai-assets-could-be-untouchable-lawyers-warn-embattled-bondholders.html

What ya gonna do

What ya gonna say

What ya gonna do

What ya gonna say

Did it, what ya gonna do

Did it, what ya gonna say

Did it, what ya gonna do

Did it, what ya gonna say

Did it for me, Did it for me

Did it for me, Did it for me

(ey, uh yeah) What ya gonna do

(ey, uh yeah) What ya gonna say

If you cant get your secured assets back under Sharia law, looks like the Arab world will never be able to get another loan.

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From that article

The bosses of Dubai World have agreed to meet its main creditors next week. The bondholders, which are being represented by Ashurst, are also thought to include some of the world's biggest pension fund managers including Blackrock, Pioneer and Fidelity.

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I am going to exibit my ignorance here, under the same Sharia Law, if the creditor can not claim the assets, shouldn't the defaulting debtor have his goolies cut off or something? And if the creditor is a female, be wipped and shot in the back of the head?

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