For further reading...
- The Museum of Hoaxes offers some background on the now-notorious movie reviews of Dave Manning.
- Matt Taibbi documents the role of self-interested bond ratings agencies in precipitating the 2008 financial crisis. featuring these quotes from agency employees which seem all too relevant in light of the alchemy behind P3 promotion:
"As you know, I had difficulties explaining 'HOW' we got to those numbers since there is no science behind it," confesses a high-ranking S&P analyst. "If we are just going to make it up in order to rate deals, then quants [quantitative analysts] are of precious little value," complains another senior S&P man.- The Canadian Council for Public-Private Partnership's membership list is here. And both AECOM and Deloitte go well beyond that organization in promoting P3s (while seeking to generate business for themselves in the area).
- And Barb Pacholik reports on how Regina's referendum debate is only becoming more heated as voting day approaches.