Friday, September 21, 2007

City Offers To Buy Stock Market. Wait, you can do that?

Here's another chapter in the long history of Dubai trying to buy shit that nobody realized was for sale.



Dubai is all, "Look, we made 46 billion dollars last year, so I really want to spend it on something nice. Like a really plush cashmere sweater, or maybe a giant island in the shape of a palm tree. Wait, I've got it! Let's buy the largest electronic screen-based equity securities market in the United States!"

Apparently in the new global economy, any entity, abstract or otherwise, can buy or sell any commodity, tangible or made up. Latest buzz: Al Qaeda has expressed serious interest in the SEC, China is making a bid for Tom Friedman's mustache, and Mark Cuban has a verbal agreement to buy Christmas.

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