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NY Daily News- Dubai & Dubya in dash for lifeboat
Saturday March 04, 2006From NY Daily News:
Dubai & Dubya in dash for lifeboat "It's in the hands of the company now. ... They're going to have to significantly restructure," said a Republican source familiar with White House expectations. A revamped deal to allow Dubai Ports World to take over six major British- and Italian-owned AgustaWestland had to take on Maryland-based Lockheed Martin to win the contract to build the President's helicopter last year. "A lot of people are talking about this, a subsidiary or a deal like that," a congressional source confirmed. One snag to such a deal may be that sources say the After undergoing so much scrutiny for its no-bid According to the source close to the White House, Team Bush believes that in addition to clearing an extended 45-day review, DP World will have to come up with a deal that will pass muster with Rep. Peter King (R-L.I.), chairman of the House Homeland Security Committee. King is seen as a key lawmaker because he broke with the White House over the "Speaking for myself, in 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. "Even then, the administration would have a tough time selling it, but that is a place to work from," King added. White House spokesman Ken Lisaius referred all calls to DP World. A spokesman from DP World had no immediate comment. |
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