peHUB Second Opinion 11.30

Which Way: Wall Street is looking for "direction." Investors are betting that the Dubai situation won't have a major impact on the U.S. (CNN) Meanwhile: Deal Journal wonders something similar... Asking, Will Dubai be the next Lehman Brothers? Answer: "May not" be, but could have "nasty surprises." (Deal Journal) And One Last Dubai World Note: Here's a list of the assets the conglomerate could be forced to sell. (Reuters) Back to Basics: Pension funds want buyout funds to go back to their roots! Besides, the private equity industry ended sometime last year anyways, they say. (P&I) Who Does Cap and Trade Hurt and Harm the Most? Do I smell targets? (dealReporter)

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