Atomou485 page bill at...

Atomou
485 page bill at http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf

Page 8 has the relevant clause.

The only thing we can't confirm at the mo is the following para from the article.
"
The United States Federal Reserve has further notified the China Development Bank, the second largest bank in Asia and the main holder of US mortgage debt instruments, that they will be designated by the US Secretary of the Treasury as one of the financial institutions protected by this extraordinary new law, and which, according to these reports, will empower Chinese policing authorities the right to act as law enforcement officers in the United States including granting them the right to evict American citizens from homes whose mortgage debt is held by China."

But we do know that everyone has their price, and I suppose it's a matter of whether you believe the US Gov would baulk at the Chinese Gov's demand for administration of their assets, if it was between that and no financial support at all??

cheers
marz