<\/p>\n
The evidence of foul play ahead of Dubai’s debt announcement last week appears overwhelming.<\/p>\n
A whopping 75% of debt owners might have sold ahead of time.<\/p>\n
Which means that whoever was left holding Nakheel bonds was truly out of the loop.<\/p>\n
WSJ:<\/a> According to Data Explorers, a company that tracks how much of a company’s stock or bonds are out on loan, about 75% of institutions holding the sukuk sold their position between the end of August and the end of November.<\/p>\n “It’s an extraordinary sell-off in a bond so close to maturity, when there was no indication of a problem refinancing. The data suggests they had some information that it was a good time to sell,” said Data Explorers managing director Julian Pittam.<\/p>\n Read more here.<\/a><\/p>\n See here why Dubai was the most obvious bubble ever (in retrospect) >><\/a><\/strong><\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n The evidence of foul play ahead of Dubai’s debt announcement last week appears overwhelming. A whopping 75% of debt owners might have sold ahead of time. Which means that whoever was left holding Nakheel bonds was truly out of the loop. WSJ: According to Data Explorers, a company that tracks how much of a company’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-59844","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=59844"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59844\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=59844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=59844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=59844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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