ON THEIR ROAD AGAIN
Topic: Privatization of Government, Your Money at Work, Once in a Lifetime03. January 2008 |
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Thomas Heath and David Cho of the Washington Post report moves by large investment companies to take over construction and management of major highways, with the potential for profit margins in the 12-15% range. The Carlyle Group, a Washington, D.C.-based investment firm, says it "can run most airports, highways and water systems better than the public authorities now doing the job." Read Heath and Cho here.
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