With all the news and discussion over AIG's financial failures and the subsequent bailout dollars injected into their coffers, there's one question I've not asked by the media... How has AIG's financial setbacks impacted their ability to appropriately manage American port security operations?
Recall this from Forbes...
Remember all the political hullabaloo made over Dubai Ports World ...[in 2006]?
A chorus of politicians had pointed frantically to what they said was a threat to America’s security when the Arab shipping company looked set to pick up several major U.S. port operations via its $6.8 billion acquisition of P&O Ports.
Somewhat alarmed at the protests, DP World offered last March to "transfer" P&O’s American interests to an American company -- and on Monday announced it had finally found a friend in AIG Global Investment Group. ...
Presuming AIG's continued role, how predictable is it, that people were so distrusting of one Arab company with a good record, while outright ignoring the financially-inept American company as it nearly went under...