The fund's investment committee took the action on July 15.
Then from 12 to 2 the investment committee, which is attractive because of the free lunch!
The arbitrator was also on the investment committee of the bank's board.
Many in Washington said that the deal, on its merits, might gain approval from the foreign investment committee.
In the case of the ports deal, the transaction was approved by the investment committee.
However, investment committees are not generally very impressed by that kind of rationale.
The firm's Investment Committee has 15 members and meets weekly.
It will replace the investment committee, which considered matters like dividends and pension-plan management.
Mr. Snow is chairman of the foreign investment committee.
The real issue may well be what more conservative boards of investment committees and financial institutions make of it.