financial problems

A prominent Wall Streeter told us this morning that TOLLROADSnews was wrong to report that the HOT Lanes on the Capital Beltway in Virginia had achieved financial close. We wrote that last December - see http://www.tollroadsnews.com/node/3315 He emailed: "Not true, nothing has been funded. It's actually a very good example of how the credit crunch has impacted concession finance."
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