Miller, Zin [Smati] and 16 other CEOs are in town for a conference organized by the Organization for International Investment (OFII). The group met Thursday with Treasury Secretary Henry Paulson, Democratic Caucus Chairman Rahm Emanuel (Ill.) and Sens. Trent Lott (R-Miss.) and Jeff Bingaman (D-N.M.). They told a handful of reporters on May 16 that litigation is a greater disincentive to doing business in the U.S. than fears that a protectionist Congress might impose new barriers to foreign trade and investment.
European CEOs: Litigation deters investment in US