DUer deminks found this little gem!
Obscure US intelligence agency assessed ports deal
http://go.reuters.co.uk/newsArticle.jhtml?type=worldNew...By David Morgan
WASHINGTON (Reuters) - A deal that allows an Arab-owned company in Dubai to manage six major U.S. ports was scrutinized for security risks by an obscure intelligence agency that has existed for only four months, American officials said on Wednesday.
The Intelligence Community Acquisition Risk Centre, or CARC, overseen by the office of intelligence chief John Negroponte, was asked by the government committee that vets foreign investments in the United States to look into the ports deal soon after it came to its attention in early November.
But intelligence officials said CARC, which has little to do with counterterrorism activities, was formed just last October as the agency mandated to assess security risks posed by companies that do business with the intelligence community.
Only a small part of the center's resources are devoted to vetting commercial deals, officials said.
CARC's first director, William Dawson, was appointed in January, more than a month after the centre had been asked to begin work on the Dubai Ports World acquisition.
Dawson had been a senior information technology official for the intelligence community prior to his appointment.