Who Wants To Be A Meter Maid?

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New York City wants to hire investment banks to improve the way assets are managed -- from parking meters to buildings -- but the mayor on Friday flatly rejected selling any of these valuable properties...Though investment banks and hedge funds have raised hundreds of millions of dollars to invest in publicly owned infrastructure -- from roads to bridges to tunnels -- Bloomberg made it clear he would only consider privatizing the way, for example, equipment is installed and maintained. [Reuters via BI]

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