Who reallly owns Dubai Ports World?

[RagingInMiami]

I know the Dubai state government owns the company, but what does that really mean? It can't be anymore "state-owned" than Halliburton.

Who is really calling the shots here? Who really has an investment on this deal? How do you we even know they are Arabic?

Let's not forget the UAE is the moneylaundering capital of the Middle East. And think of all those billions that went missing in Iraq.

About $8.8 billion last I read.

DPW is paying $6.8 billion for the ports.

Do you see where I'm headed?

[wakeme2008]

1. Would explain why Bush and dickie are behind it

:)

[JCMach1]

2. A lion's share of the capital is coming from large international

banks... i.e. they are funding the takeover...

[RagingInMiami]

3. .

[kentuck]

4. I'm more interested in who owned the British company that sold to UAE?

Wouldn't you like to know whose names would show up on that board?

[bryant69]

5. Why can't it be anymore state owned than Halliburton?

That line seems not to make any sense. Halliburton has ties to the Bush Administration (of course) but that's different than being a wholly owned company of the United States Government.

For one thing, when the Bushies are knocked out of office, I would assume that Halliburton will not belong to the new adminstration.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[RagingInMiami]

6. What I'm saying is that just cause it's "state-owned"

doesn't mean that all its profits are funnuled directly into the UAE government. To me, state-owned is like the BBC where there is no doubt it is truly state-owned.

In the UAE deal, I suspect that "state-owned" is a front for something else.

[mattclearing]

7. Interesting thought.

You'll need a lot more than that to make a believer of me, though.

Honestly, if Halliburton was going to buy it, though, why not just buy it?

After all, the 8.8 billion is sheer profit...that could be in Cheney's swiss bank account waiting for him when he gets out of prison.

[RagingInMiami]

8. Does anybody knows the players behind DPW?

Someone besides the PR flacks?