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Strategies & Market Trends : Rande Is . . . HOME

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To: Rock_nj who wrote (57541)3/27/2009 10:26:01 AM
From: Rande Is   of 57584
 
How about the underwater hotel? Aren't you just dying to try falling asleep in that?. . . open your eyes to some undersea creature staring back at you. . . yeah, that's everyone's dream for a vacation. And oh yeah, don't bring pork, Port or Playboy into the country or you could go to jail. Your wildest dreams could come true, but so could your worst nightmares.

And they didn't just make a mess of UAE. Check the photos of the unfinished and about to be halted "City Center" of Las Vegas. This just came into WSJ:

City Center, the $8.6 billion Las Vegas development owned by MGM Mirage ($2.65, -$0.44, -14.30%) and DubaiWorld, is preparing for a potential bankruptcy filing that could bring the massive project to a halt, The Wall Street Journal reported, citing people familiar with the situation. MGM Mirage and investment partner Dubai World appear unlikely to make a $220 million payment due Friday on City Center - a massive resort and casino project under construction on 67 acres, the Journal said.

The 80's are over, folks. Time to play grown-up.
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