DPW Divestiture a Sucker Punch?
Based on commenters' speculations in the story below, "Dubai Ports Deal : CNN," I did some checking. Lo and behold:
1)
3/4/06 Thomas DeFrank, the veteran New York Daily News reporter with crampons firmly fixed to his White House sources (and who you often see on MSNBC's Hardball), writes (via Contra Costa Times reprint):
The White House is quietly pushing a Dubai company to "significantly restructure" and partner up with a U.S. outfit to keep the port deal from sinking, sources told the New York Daily News on Friday. ... <...>
One snag to such a deal may be that sources say the U.S. company best equipped to partner with DP World is Halliburton, once headed by Vice President Dick Cheney.
After undergoing so much scrutiny for its no-bid Iraq contract and the handling of some of its duties there, Halliburton may not be able to help DP World land the deal, a source admitted. <...>
... DP World will have to come up with a deal that will pass muster with Rep. Peter King, R-N.Y., chairman of the House Homeland Security Committee. <...>
n addition to a rigorous investigation, it's important to look at having an American company administer the contract, and DPW would have to be totally separated out from the U.S. company in terms of access to information that the company would have or could acquire," King told the Daily News. ...
2) Newsday, commenting that Sen. John Warner's Senate floor statement was "vaguely worded," reports that:
"The funny thing is that Halliburton may be the one American company with the capacity to do this," said one congressional Republican, speaking earlier this week on condition of anonymity. "Problem is that the Democrats would probably complain that the Dubai deal was a big ruse to get Halliburton the contract." Vice President Dick Cheney used to run Halliburton.
(Kpete: This article gets more and MORE insightful --- Oh My....:}
http://noquarter.typepad.com/my_weblog/2006/03/dpw_divestature.html#more
http://www.contracostatimes.com/mld/cctimes/news/local/states/california/14016955.htm
http://www.newsday.com/news/nationworld/nation/ny-usport104656515mar10,0,6742305.story?coll=ny-top-headlines