Professor Lash Weighs In on Debate Over Foreign Purchases of U.S. Firms
Professor William H. Lash III expressed his opinion that giving Congress power to veto acquisitions of U.S. firms by foreign investors was a proposal fraught with difficulty, saying, "If you had 535 members of Congress able to question every transaction, our economy would come to a screeching halt." Lash's comments appeared in an article written about the current debate over how to balance U.S. dependence on foreign investments against national security risks.
Scrutiny of foreign deals urged; Lawmakers would improve screening of purchases of U.S. firms by overseas investors, The Baltimore Sun, March 6, 2006. By Julie Hirschfeld Davis.