corporatization

Corzine says details on "leveraging" NJ turnpike to come Jan 8 - corporatization?


New Jersey Governor Jon Corzine has said in speeches the past few days that he is determined to move debt off the state books and to "leverage" the financial potential of the state Turnpike and the Atlantic City Expressway, and that he'll announce details of his scheme Jan 8 in his State of the State speech. Corzine said the state's bond debt of $32b must be cut in half. The solution he said is "leveraging the untapped value in the state's tollroads."
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