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stokjockey

01/29/13 2:24 PM

#20451 RE: OPKOHEALTH2022 #20450

The case reached the president's desk after the Committee on Foreign Investments in the United States, known as CFIUS, determined there was no way to address the national security risks posed by the Chinese company's purchases. Only the president has final authority to prohibit a transaction.

Read more: http://www.foxnews.com/politics/2012/09/28/obama-blocks-chinese-company-from-owning-oregon-wind-farm/#ixzz2JOOT5IPD

Sounds like CFIUS could not address the national security of the Wind Farm and Obama blocked it.