Move toward privatization has investors licking chops
Source: By Dale Kasler, Sacramento Bee (CA), Friday, May 18, 2007
If California tries to lease its state lottery to private investors or unload a state-owned student-loan business, as Gov. Arnold Schwarzenegger proposes, there will likely be no shortage of interested parties. Providing capital to a growing privatization movement, investors are offering billions for state lotteries, toll roads and other government-owned assets nationwide.