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...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...al, and without the stay in place....
...Moreover, banks are doubly exposed via the property market that Dubai Holding et al. abandoned from 2009 to 2010. Property prices have halved in the emirate since 2008....
...Mohammed al-Shaibani, director of the court of Dubai’s ruler, Sheikh Mohammed bin Rashid al-Maktoum, speaks to the Financial Times....
...al at a national level....
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