"[Firms in Dubai] are swimming in cash and focusing on profitable parts of the business. The only thing that's dead is structured credit."

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"[Firms in Dubai] are swimming in cash and focusing on profitable parts of the business. The only thing that's dead is structured credit."

--Claes Smith-Solbakken, founder of executive search firm Smith & Jessen, commenting on firms looking to take advantage of redundancies in London.

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