AFP :
The Abu Dhabi Investment Council has bought the landmark New York skyscraper, the Chrysler Building, for 800 million dollars, sources close to the deal said Wednesday.
Media reports had said the Abu Dhabi Investment Council, an investment fund based in the United Arab Emirates, had been holding negotiations with a subsidiary of Prudential Financial Inc. over its 75 percent stake in the renowned Art Deco building.
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The word on the street is they want to buy the Statue of Liberty next. After all, Lady Liberty already is wearing a burka without the headcovering-- which could be fixed easily enough.
In 3 weeks they start gold-plating the top of the building. Diamond encrusting will follow.
From today's Washington Post Express:
"800: The price, in millions of dollars, an Abu Ghraib investment firm reportedly paid for a 75 percent stake in New York City's famed Chrysler Building."
Wow. Abu Ghraib sure has come a long way in a couple of years! That's SOME typo...poe
Nothing crystallizes the Bush administration like this.
I was going to make a "I just know they're going to stink it up with their weird food" joke, but I see the real racists have already spoiled the fun.
So I'll just say that I hope the repatriation of Nermal was part of the deal.
Well, American corporations won't need office space in it. They moved their head offices out of the country...
I hope to see 4 humongous klaxon loudspeakers near the top of the Chrysler "minaret" situated for the periodic daily call to prayer. Sweet!
maybe if it belongs to the muslims they wont fly big airplanes through it
we are witness to the economic decline of america
the world will be safer for it
america the super power bully is going down
but not willout a fight and borrowing money from communists, socialists and kings
anything to keep capitalism going
oh also we have stole every penny from americans pension fund ie social security
americans love their capitalism even as it takes them down the tubes
american ignorance always blame the people never the system
at least we don't have to worry about them flying a plane into the building any more
People...r
First get the facts. Yes, a group from Abu Dhabi bought the Chrysler building but here's the kicker: They bought it from a GERMAN corporation. The building hasn't been owned by a U.S. company for years.
To be outaged by this is nonsense.
Just wait until they buy the telecoms.
That sent a chill down my spine. A foreign country could basically close down it's intelligence service after buying one of the TelCos.
While there is nothing inherently wrong with a foreign company purchasing real estate in the US, the purchase of the Chrysler building is particularly sad. This building is an American icon. Being built during the Great Depression, it represents America's strength and ability to work its way out of economic turmoil. The sale to a group from Abu Dhabi just emphasizes our growing impotence to control our own destiny. Our wealthiest people have sold us out to save their own pathetic wealthy asses.
While I'm sure it will remain the beautiful art deco landmark that it always was, I'll never quite look at it the same again.
With all the corporate hate rantings on this site, I thought this might invoke a celebration. They are all evil. Right?
No, not evil. Just selfish and short sighted.
ummm, before you get outraged..
I hear there are plans to turn it into the world's tallest mosque.
(kidding)
WHO should(????) own this--or any other building--in a so-called, market economy? External ownership of an asset is the natural consequence of U.S. ownership of assets external to its territory. Besides, what are these countries to buy with the PETRO-DOLLARS U.S. drivers of SUVs and monster pickups so lavishly exchange for oil?
"Murkans" are spoiled with a sense of entitlement derived from the chance history of the now-depleted assets of their country and the victories of the U.S. in two World Wars. However, what's "Murkan" civilization done lately....
Should I be as scared as I was told to be (but wasn't) when the fearsome Japanese bought Rockefeller Center or Pebble Beach?
ABBA DA GRABBA! Presto! Change-O! Now it's American property! PooF! Now, it's not! Ain't magic purty?
Bush makes you fear muslims but yet he's the first to do business with them. I see a man with a hand in the terrorists pocket. He uses terrorism to do what he wants. Now watch the repugs talk about how this is a good thing. I guess so. Now they won't have to crash airplanes into our buildings, they'll just blow them up. Hell they own the building. I can't wait to see the demolition man so that you repugs can see how dumb you are. REPUBLICANS= I AM MY ENEMIES KEEPER.
Doesn't ANYBODY get it?
Bush has been trying to SELL THE WHITE HOUSE to Arabs for 8 YEARS!
He's a "middle man". That's how the Bushes make money.
Ditto.
What makes you think this Abu Dhabi group has anything to do with terrorism, and who let you into the Democratic Party?
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First Posted: 07- 9-08 01:27 PM | Updated: 07-17-08 05:12 AM