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A New Way to Change the World.
- 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