The Wall Street Journal's influential "Heard on the Street" column said in October 2009 that Dubai World "has just been radically restructured after running up almost $60 billion of liabilities on ill-judged acquisitions like struggling Madison Avenue retailer Barneys and the Queen Elizabeth 2 liner, which has since largely languished in a Dubai dry dock" and that "surprisingly, senior management remains in place, including Sultan bin Sulayem, the chairman who masterminded the expansion." Sulayem was finally removed from his post in December, 2010 and was replaced by Sheikh Ahmed bin Saeed Al Maktoum, a member of the royal family.