Business Services Industry
Push-back on privatization; House bill would trim $100 mil. off Midway deal.(News)(Midway International Airport)
Crain's Chicago Business, July, 2007 by Merrion, Paul
Byline: PAUL MERRION Legislation pending in Congress could knock almost $100 million off Midway International Airport's privatization payoff for Chicago. Although it's not a deal-killer, the bill is another sign of congressional Democrats' displeasure with the movement toward selling public infrastructure assets to private companies.
In May, House Transportation Committee Chairman James Oberstar, D-Minn., and Rep. Peter DeFazio, D-Ore., chairman of the panel's subcommittee on highways and transit, sent a letter to the nation's governors threatening to "work to undo'' any future highway privatization deals "that do not fully protect the public interest.'' The letter did not mention Chicago's $1.8-billion deal to privatize the Chicago Skyway in 2005, and...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
