7/31/2007

U.S. Privatization Drive Slowed by Roadblocks

Last year bankers predicted cash-strapped state and city governments would sell or lease airports, toll roads and other public assets to investors with billions of dollars clamoring for stable, long-term returns.

Instead, public resistance, across the country, against such sales has caused government officials in many states to hesitate, slowing deal traffic to a crawl. Read the rest of the story HERE.

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