
An Abu Dhabi investment fund has bought a majority stake in New York City's landmark Chrysler Building.
A spokeswoman for Prudential Financial Inc. says the insurer sold its 75 percent stake in the Art Deco skyscraper to the Abu Dhabi Investment Council.
The sale marked the second purchase of a Manhattan landmark by Middle East investors in as many months.
Oh noez!!!!111 Not those dirty Ay-rabs! Whatever will we do?
Clearly the terrorists are winning when investment firms buy property.
<end sarcastic rant>
I found this while browsing a forum where the members were griping about international outsourcing and how we'll "all need to learn Chinese because soon they'll own us." Ridiculous. Closed-minded fear-mongerers.
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |