Showing posts with label petrodollars. Show all posts
Showing posts with label petrodollars. Show all posts

Monday, November 26, 2007

Apple Dubai Strikes Again!

FT and everybody else reports that Abu Dhabi has purchased "units" from Citigroup which pay 11% and are convertible in 2010 and 2011 to roughly 4.9% of the firm. It is debatable whether they could have received better terms signing up for a CapitalONE card. And for all you Larry's out there...