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PRIVATIZATION * USA - Under Scrutiny
Washington,DC,USA -Traffic World, by Ari Natter -4 Nov 2008: -- The credit crisis is leading some key lawmakers to question the role of public-private partnerships in transportation funding, and they are asking the Department of Transportation to ensure that future deals receive more oversight... House Transportation and Infrastructure Chair Rep. James L. Oberstar, D-Minn., and Peter A. DeFazio, D-Ore., the chairman of the Highways and Transit Subcommittee, expressed their concern in a letter dated Nov. 4... "The lack of transparency and unacceptable level of risk assumed by these firms underscores the need for strong public interest protections to ensure that the public partner to these deals is not left responsible for bad business decision," they wrote...
Labels: privatizations
posted by Unknown @ 7:59 PM
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