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(AP) Who'll Buy Dubai's U.S. Port Operations? (O.K. geniuses, now what?!)
TownHall ^ | March 10, 2006 | TED BRIDIS

Posted on 03/10/2006 6:43:14 AM PST by teddyballgame

The Dubai-owned company that pledged to surrender its $700 million worth of U.S. port businesses amid a furor on Capitol Hill wants to guarantee it doesn't lose money on the deal. But now that DP World is out of the political frying pan, it could find itself confronting a fire sale of its American assets.

Faced with unrelenting pressure from Congress, Dubai's ruler said DP World will transfer to an unspecified American company all U.S. port operations it acquired when it paid $6.8 billion for London-based Peninsular & Oriental Steam Navigation Co.

In its statement, DP World said its decision was based on the understanding that it will have time to coordinate the complex transfer and that "DP World will not suffer economic loss."

(Excerpt) Read more at townhall.com ...


TOPICS: News/Current Events
KEYWORDS: dpworld; ports; taliban
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1 posted on 03/10/2006 6:43:16 AM PST by teddyballgame
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To: teddyballgame
Halliburton.

Bush's Fault!!!!

2 posted on 03/10/2006 6:44:49 AM PST by 69ConvertibleFirebird (Never argue with an idiot. They drag you down to their level, then beat you with experience.)
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To: teddyballgame
See! See!

This is Bush's fault too!

3 posted on 03/10/2006 6:45:00 AM PST by E. Pluribus Unum (Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
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To: teddyballgame

Two are interested. One just happens to begin with an "H" and ends in a "n".


4 posted on 03/10/2006 6:45:04 AM PST by mtbopfuyn (Legality does not dictate morality... Lavin)
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To: teddyballgame

Wait and see the solution will cost plenty of taxpayer cash.


5 posted on 03/10/2006 6:45:39 AM PST by rhombus
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To: mtbopfuyn

Hunan Shipping,LLC?.........


6 posted on 03/10/2006 6:45:43 AM PST by Red Badger (And he will be a wild man; his hand will be against every man, and every man's hand against him...)
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To: teddyballgame

I'll take Halliburton for 200 Ted.


7 posted on 03/10/2006 6:46:15 AM PST by cripplecreek (Never a minigun handy when you need one.)
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To: teddyballgame
I STILL just cannot believe that so many "conservatives" and "Republicans" willingly allowed themselves to get sucked into Hillary and Chuckie's fear mongering. They, along with the MSM, certainly won this battle. Congratulations.
8 posted on 03/10/2006 6:47:50 AM PST by Obadiah
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To: 69ConvertibleFirebird
You're right! This whole thing was a fiendish scheme by Karl Rover to trick the Democrats into endorsing Halliburton!

Oh, the humanity!

9 posted on 03/10/2006 6:48:23 AM PST by E. Pluribus Unum (Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
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To: teddyballgame

An Enron exec could set something up for them in the Bahamas.

Mrs VS


10 posted on 03/10/2006 6:48:46 AM PST by VeritatisSplendor
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To: teddyballgame
W A L M A R T!
11 posted on 03/10/2006 6:49:18 AM PST by Don Corleone (Leave the gun..take the cannoli)
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To: teddyballgame

Schumer's wife runs the Department of Transportation for Bloomberg.


12 posted on 03/10/2006 6:49:21 AM PST by ncountylee (Dead terrorists smell like victory)
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To: teddyballgame
Here come the ChiComm's...pucker up.

Chinese company's OWN more sea containers than all the rest of the world's container owners combined.

13 posted on 03/10/2006 6:50:09 AM PST by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: rhombus

Why is it going to cost the taxpayer anything? It will be sold for what the market thinks its worth, no more and no less. Now if they carry the North American operations at some ungodly amt on their books, thats their problem, not mine. The value of this enterprise is not hard to figure out.


14 posted on 03/10/2006 6:50:15 AM PST by son of caesar
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To: teddyballgame
in an unrelated note...
Did you happen to notice the Republican nomination poll on the same page as the townhall.com article?

mitt romney is way out front

Who do you want to be the Republican nominee in 2008? George Allen | (19 %)
Sam Brownback | (2 %)
Bill Frist | (2 %)
Newt Gingrich | (13 %)
Rudy Giuliani | (11 %)
John McCain | (7 %)
George Pataki | (0 %)
Mitt Romney | (41 %)
Mark Sanford | (1 %)
Rick Santorum | (5 %)
Total Votes: 15125

15 posted on 03/10/2006 6:50:51 AM PST by APRPEH (You and I have a rendezvous with destiny.)
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To: teddyballgame

Ha! that ole sly Texas fox tricked us once again...

Knowing the only company left capable of such a deal would be
Haliburton...

Like the ole Native American stock borker used to say...

Today...looks like a good day...to buy...


16 posted on 03/10/2006 6:51:31 AM PST by joesnuffy (A camel once bit our sister..but we knew just what to do...we gathered rocks and squashed her!)
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To: teddyballgame

George Soros.


17 posted on 03/10/2006 6:52:01 AM PST by facedown (Armed in the Heartland)
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To: son of caesar

Who will buy this?


18 posted on 03/10/2006 6:52:12 AM PST by rhombus
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To: mtbopfuyn

Link? or just another unsubstantiated rumor?


19 posted on 03/10/2006 6:52:28 AM PST by Solson (magnae clunes mihi placent, nec possum de hac re mentiri.)
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To: teddyballgame
The Free Republic Xenophobia Investment Club. I've got a few bucks---anyone else in for a few shares?
20 posted on 03/10/2006 6:52:43 AM PST by Hemingway's Ghost (Spirit of '75)
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