Middle Eastern money flows to Wall Street

The Dubai Bourse is taking a 20 percent stake in the NASDAQ, which will give it nearly a 30 percent stake in the London Stock Exchange. The Abu Dhabi government is taking a 7.5 percent stake in the Carlyle Group. The Qatar Investment Fund has acquired 20 percent of the LSE. Clearly, there is a lot of money in the Middle East that is seeking a home in the financial services industry here. You could argue that governments around the world are like minded. The sale of a stake in the Blackstone Group to China comes to mind. The reaction to all this has been tepid. Sen. Charles Schumer has reportedly asked for a review of the NASDAQ deal. But overall, the reaction has not been vitriolic, and most assume that we'll see more investments.

For more:
- here's the New York Times article 

Related article:
- Dubai firms to take large stake in NASDAQ