News from Dubai is rocking and rolling world markets today, as an $80 billion default could spawn a broad wave of activity and expose the tenuous status of the banking system. We’re talking global markets on the Black Friday edition of Coffee and Markets, a daily podcast from The New Ledger on politics, policy and the marketplace with Francis Cianfrocca, brought to you by BigGovernment.com.
[audio: http://newledger.com/podcasts/CoffeeandMarkets112709.mp3]
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Related Links:
FT: Global Markets on Selling Spree Thanks to Dubai Default
Bloomberg: RBS Led Dubai World Lenders, HSBC May Have Most at Stake in UAE
Business Insider: Stop Freaking Out, the UAE Can Easily Save Dubai
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