Free Republic

Am surprised that the committee investigating the ports deal didn't ask Rep. Rodney Frelinghuysen (R) NJ about the fact that his father Peter is the nephew of H. Edward Bilkey's (the Dubai Ports CEO that testified to the committee investigating the ports deal) mother. Peter's father (the late Senator and Rodney's grandfather) is the nephew of Mr. Bilkey's mother Emily. I think that Rodney came out against the ports deal after this fact was first raised when Mr. Bilkey mentioned that his "father" was a senator in a interview with Wolf Blitzer. Mr. Bilkey in reality is the grandson of...

NEW YORK -(Dow Jones)- The chief operating officer of Dubai Ports World ( DPW.YY) said Wednesday the company has no intention of breaking up its acquisition of the U.K.'s Peninsular & Oriental Steam Navigation Co (PO.LN) in order to quell a growing political controversy over control of six major U.S. ports. "We intend to keep this (P&O) portfolio together because it matches us strategically," Ted Bilkey, COO of DP World, said in an interview on CNN. DP World, which is owned by the United Arab Emirate of Dubai, is set to take over P&O in a $6.8 billion acquisition. A...