[DJ MacWoW]

this required approval from the treasury department.

Not just Treasury.

The committee earlier agreed to consider concerns about the deal as expressed by a Miami-based company, Eller & Co., according to Eller's lawyer, Michael Kreitzer. Eller is a business partner with the British shipping giant but was not in the running to buy the ports company.

The committee, which could have recommended that President Bush block the purchase, includes representatives from the departments of Treasury, Defense, Justice, Commerce, State and Homeland Security.

Dubai firm set to take charge of 6 U.S. ports

[oceanview]

this is an example of how the permanent DC beauracrats, that these agencies are infested with, operate.