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Top 10 News Items 11/23-11/27: Dubai Debt Fallout; Gold; GDP Revised Lower; Diedrich Coffee Bidding War

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    Last Updated: November 27th, 2009

    1. On Wednesday, the Dubai government said it would restructure its corporate flagship, Dubai World, and asked creditors to accept delayed payments. Dubai World is seeking a six-month moratorium on interest payments. The news sent world markets tumbling Thursday and Friday.

    2. Gold (NYSE: GLD) continued to new all-time highs earlier in the week, but sold off at the week’s end as the dollar strengthened on a ‘flight to quality’ trade following the debt concerns in Dubai.

    3. The FDIC released their third quarter banking profile, which showed that while profits rose so did troubled loans. The number

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