A123 Systems fka AONEQ

[stokjockey]

No Obama block. Deal is done. Should close Friday.

Under the CFIUS process, the Treasury Department-led panel judges whether or not a transaction should be blocked on national security grounds. If the panel finds a transaction should be stopped, it makes that recommendation to the president, who is the ultimate judge on blocking a transaction. The president would not review a deal CFIUS has decided to approve. Although ostensibly CFIUS -- also comprised of other government agencies with national security responsibilities including the Departments of Defense, Homeland Security and Justice -- does not consult with the president until it has reached its conclusion, recommendation on high-profile deals are almost always coordinated with the White House. "A decision like this would have had the president's support," Jalinous said. "With Capitol Hill breathing down their necks, CFIUS is not going to make a decision like this in a vacuum."