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A New Way to Change the World.

Authors :
Rosenberg, Tina
Source :
New York Times. 6/24/2012, Vol. 161 Issue 55812, p7. 0p.
Publication Year :
2012

Abstract

When a government needs to invest in an expensive capital project -- a new sewer system, bridge or highway -- it issues bonds. Bonds raise upfront money from private sector investors, who are then paid back with interest from the tolls or charges the project generates. Until now, no one ever issued a bond to invest in people like Popeye. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03624331
Volume :
161
Issue :
55812
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
77247115