To: bobsunshine
In fact, under the CFIUS statute Congress is barred from being involved in the review process until it is over, and the political meddling we see with respect to the DP World deal is the reason. Such confidentiality is important because companies are often asked to disclose proprietary information to the government. This also explains why the Bush Administration didn't brief Congress up and down about the deal in advance. The law said a 45 day investigation which the deal bypassed. It didn't say a 45 day investigation by congress!
7 posted on
02/28/2006 4:48:20 AM PST by
Stepan12
To: Stepan12
Again, the law says:
Once CFIUS has received a complete notification, it begins a thorough review of the notified transaction. In some cases, it is necessary to undertake an extended review or "investigation." An investigation, if necessary, must begin no later than 30 days after receipt of a notice. Any investigation is required to end within 45 days..
The Deal didn't bypass Anything. The INVESTIGATION, IF REQUIRED, must be completed within 45 days. Where am I wrong?
To: Stepan12
The law said a 45 day investigation which the deal bypassed.
Fraudulent statement on your part. As the Admin witnesses have documented repeatedly, they spend 90 days investigating the deal. Just another Democrat Talking point lie.
23 posted on
02/28/2006 8:14:17 AM PST by
MNJohnnie
("Good men don't wait for the polls. They stand on principle and fight."-Soul Seeker)
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