10/1/2008

New York Gov. David Paterson called for proposals from private contractors on leasing the state's assets, including highways and bridges. "I believe the private sector can be a source of innovation, allowing us to increase the value, efficiency and safety of assets like our aging infrastructure system," said Gov. Paterson. The financial crisis on Wall Street could translate into a $5 billion shortfall from the state's 2009-2010 budget.

Full Story:
Forbes

Related Summaries