Can the Banks Force Dubai into Foreclosure?

Dubai's financial crisis may have calmed a bit now that the central bank of the United Arab Emirates has promised to stand behind the city state's banks with fresh liquidity. After all, the UAE, to which Dubai belongs, has perhaps $700 billion accumulated from petroleum riches — a resource that Dubai, which is apparently stuck with tens of billions of dollars in debt, does not enjoy. But the question remains, if the central bank in Abu Dhabi decides ...