[jimbo123]

The results of the initial 30-day secret review must be made available to congress.

And given the national security implications, an additional 45-day investigation is mandated by law with findings to be made available to the President and Congress.

President Bush for some strange reason decided not to conduct the 45-day investigation even though it is mandated by law. I expect that investigation will now take place.

[Lazamataz]

President Bush for some strange reason decided not to conduct the 45-day investigation even though it is mandated by law. I expect that investigation will now take place.

Strange reason, defined:

[calcowgirl]

My guess is the bankers are putting the pressure on the Bush administration: [source]

(snip)

Dubai: State-owned Dubai Ports World will enter the market this week to borrow $6.5 billion to fund its takeover of the UK's Peninsular and Oriental Steam Navigation Co, the biggest term loan to come out of the Middle East, a banker said yesterday.

Faisal Mikou, a director at joint lead arrangers Barclays Capital, told Gulf News, the borrowing would include a $6.3 billion five year syndicated term loan and a $200 million revolving credit facility and was the largest loan from the Middle East.

Deutsche Bank is the joint lead arranger and bookrunner for the loan that will fund the purchase of the British ports and ferries group.

"The borrowing entity is Thunder FZE, the acquisition vehicle set up by DP World, although the term loan has a guarantee from PCFC (Ports, Customs and Free Zone Corp, DP World's holding company)," Mikou said.

The syndication will be launched in Dubai on February 23 at a bankers' meet and will be followed by another in London on February 27, with the fund-raising expected to be completed in the second half of March, Mikou said.

Some 30 banks to participate in the syndication.