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Hotel Investors, Going for Broke

Lou Dobbs, scramble your jets! Remember Dubai Ports World, the outfit that almost took control of the nation's biggest ports until Dobbs and his army of xenophobes rescued us? Well, that same Dubai Ports World, through its subsidiary Istithmar Hotels, has purchased the venerable Hotel Washington, which from its location on 15th Street across from the Treasury offers the best views anywhere of the South Lawn of the White House and the second-floor residence. ...
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By Steven Pearlstein

 
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