One thing we know: the financial, and potentially political, turmoil stemming from the United States Securities and Exchange Commission’s recent civil fraud action against Goldman Sachs will be sizeable, not just for its implications on the world’s most influential financial institution – but for the political grease it supplies to... >

The schadenfreude surrounding Dubai World’s request for a partial debt standstill is understandable, however lamentable. Dubai has the unfortunate timing of having experienced its tremendous evolution, and subsequent stumble, at the peak of populist displeasure with leveraged driven growth. The lack of specifics surrounding the crisis is partially Dubai’s fault.