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December 1, 2008 8:18:07 AM CST


private investors

private investors news stories

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Investors
Eye Airports, Bridges, Roads

Subprime-weary banks earmark $250B for infrastructure projects

(Newser) - Weary of investments infected by the subprime contagion, investors are looking to purchase and operate some more substantial assets: the nation’s bridges, toll roads, and airports, reports the New York Times . Goldman Sachs, KKR, Morgan Stanley, and Credit Suisse are among those who have stockpiled some $250 billion for infrastructure projects, and public officials, beset by budget woes, increasingly are opening their arms to them. More »

More about:  KKR Indiana Toll Road Chicago Midway Airport private investors

Northern Rock Bailout Plan a Money Shuffle

Deal pays back government loans, but public still on the hook

(Newser) - The British government today unveiled its last-gasp plan to hand off the Northern Rock hot potato and prevent nationalization, the London Times reports. Under the plan, the bank would immediately pay back the £25 billion it owes the government by selling the debt to private investors as bonds. But since the government is backing the bonds, taxpayers are still on the hook if the Rock defaults. More »

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