Replies to post #15391 on U.S Fuel Corp. (fka USFF)

[nsollover]

There is no Dubai money. First, if Dubai money was funding the acquisition for control of NSOL, they would have to go thru the CFIUS process, which involves an investigation by U.S. authorities to determine whether the transaction will negatively impact national security. This is a time consuming process. This is why Dubai entities dont typically buy U.S. assets (see Dubai ports as the exception which was rejected by the U.S. govt). The investments made by Dubai entities have all been minority investments in major U.S. financial companies, not acquisitions for control. Second, Dubai money doesnt flow into two-bit private equity companies with no track records and with offices in car lots. They flow into players like Carlyle and Blackstone.