Breaking: Dubai divests itself of all American interests (ports deal dead) [View All]

[librechik]

now breaking on CNN--link to come

Dubai Ports World to find American company as front, so as to save Bush embarrassing veto which would be over-ridden. (according to CNN reporter)

more from AP:

AP Photos MDSR101-102
By ANDREW TAYLOR
Associated Press Writer
WASHINGTON (AP) -- A Dubai-owned company said Thursday that it
was prepared to give up its management stake in some U.S. ports, a
move made as congressional leaders warned President Bush that both
the House and Senate appeared ready to block the takeover.
It was not immediately clear whether the announcement would be
enough to cool widespread sentiment in Congress to pass legislation
blocking the deal, which has become an election-year nightmare for
Republicans.
(no link--hot off wire)

This announcement mere minutes after DPW announces closing P&O deal--complete reversal!

another link:
http://breakingnews.iol.ie/news/story.asp?j=175465004&p=y754657yx

I like this related link: GOP Leaders tell Bush Port Deal is Dead"
http://www.washingtonpost.com/wp-dyn/content/article/2006/03/09/AR2006030900982.html

Imagine the screaming!