U.S. finances China nukes
Taxpayers provide $5 billion in loans to close $8 billion Westinghouse deal
WASHINGTON – Here's one that tops the Dubai Ports World deal – but, so far, no one is complaining.
U.S. taxpayers are lending Westinghouse Electric Co. almost $5 billion to build nuclear power plants in China – even though the company, based in Pennsylvania, is about to be sold to Japan's Toshiba Corp., and even though the company is currently owned by British Nuclear Fuels Ltd.
And, so far, no one in the U.S. government is showing any interest in scrutinizing the sale over the transfer of nuclear-power technology – or in halting the loan from the Export-Import Bank.
http://www.wnd.com/news/article.asp?ARTICLE_ID=49354
WorldNetDaily.com: Washington - "U.S. FINANCES CHINA NUKES'' (ARTICLE SNIPPET: "U.S. taxpayers are lending Westinghouse Electric Co. almost $5 billion to build nuclear power plants in China -- even though the company, based in Pennsylvania, is about to be sold to Japan's Toshiba Corp., and even though the company is currently owned by British Nuclear Fuels Ltd.") (March 19, 2006)