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Saturday, March 04, 2006

White House Pushing Dubai Firm To Find US Partner To Salvage Ports Handover ...

New York Daily News THOMAS T. DeFRANK and KENNETH R. BAZINET March 4, 2006 at 08:26 AM

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 Daily News yesterday.

"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.

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FOCUS Bush Punishes Representative Who Opposes Dubai Port Deal

Representative Peter T. King's prominent opposition to a proposal to allow a Dubai company to take over some terminal operations at American ports may have earned him some punishment from the Bush administration: He has been grounded.

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