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Dubai Owned Co. Has NO IMMEDIATE PLANS To Sell Miami Ops

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 08:46 PM
Original message
Dubai Owned Co. Has NO IMMEDIATE PLANS To Sell Miami Ops
DP World: No Plan to Sell Miami Port Ops By TED BRIDIS, Associated Press Writer


WASHINGTON - The Dubai-owned company that promised to surrender its U.S. port operations has no immediate plans to sell its U.S. subsidiary's interests at Miami's seaport, a senior executive wrote Monday in a private e-mail to business associates.


Even if DP World were to sell its Miami operations to quell the congressional furor over an Arab-owned company managing major U.S. ports, "that would probably take a while," wrote Robert Scavone, a vice president for DP World's U.S. subsidiary.

The e-mail, obtained by The Associated Press, added to questions raised since DP World's announcement last week that it will divest U.S. port operations it acquired when it bought London-based Peninsular and Oriental Steam Navigation Co.

DP World has said those operations are worth roughly $700 million.

http://news.yahoo.com/s/ap/20060314/ap_on_go_ca_st_pe/ports_security
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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 09:01 PM
Response to Original message
1. To pay $6.5 billion for this company and fight like hell to handle the US
ports ...we must be looking at some hefty profits for Dubai. So, how does one make money doing what they will be doing in Miami?? Hmmm????
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 10:18 PM
Response to Reply #1
2. snort!
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RagingInMiami Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 10:26 PM
Response to Original message
3. Miami is the perfect transportation hub
For whatever needs to be transported north and south, east and west. Drugs from South America to the rest of the world; guns from the middle east and the U.S. to South America; and unlaundered cash flowing in every direction.

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slaveplanet Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 06:08 AM
Response to Reply #3
8. not to mention a friendly
Edited on Tue Mar-14-06 06:08 AM by slaveplanet
Govnr to provide lots of cover.
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RagingInMiami Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 06:16 AM
Response to Reply #8
9. And to cash in
I know he's tied in to this somehow. I can't help but think of Iran-Contra affair and how Miami was one of the transportation hubs where the CIA ran their guns for drugs.
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mom cat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-13-06 11:25 PM
Response to Original message
4. This sort of makes me wonder what the Dubai connections are to JEB.
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Higans Donating Member (819 posts) Send PM | Profile | Ignore Mon Mar-13-06 11:42 PM
Response to Original message
5. Interesting.
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High Plains Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 03:03 PM
Response to Reply #5
13. Why haven't they already blown up Miami?
Edited on Tue Mar-14-06 03:04 PM by High Plains
That might be a more apt question. They've had the port concession for years...


edit: oops, this was supposed to be a reply to the OP
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madmark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 04:57 AM
Response to Original message
6. so the so-called resolution is bullshit
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 06:00 AM
Response to Original message
7. And the public is hoodwinked once again by the bu$h regime
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savemefromdumbya Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 10:30 AM
Response to Original message
10. Does that mean they are going to blow up Miami?
gosh some GOP memebers are getting so nervous. This blows a hole in their hold in the issue of homeland security
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RagingInMiami Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 01:34 PM
Response to Reply #10
11. Don't even joke like that
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savemefromdumbya Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 02:12 PM
Response to Reply #11
12. It makes one wonder though?
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RagingInMiami Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-14-06 03:05 PM
Response to Reply #12
14. I doubt they will blow up Miami
More likely, they will use Miami as their home base to set up attacks elsewhere.
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