Thursday, November 29, 2007

Goldman Sachs' Road to Riches

Number of city and state governments that have hired Goldman Sachs to advise them on privatizing highways: 4

Amount that Goldman Sachs clients recently put into a fund that invests in infrastructure such as highways: $3 billion

Amount that Goldman Sachs gave to a PAC established by its lobbying firm, Hillco Partners, to push a 2001 Texas ballot measure allowing privately operated roads: $10,000

Minimum amount Goldman Sachs paid Hillco lobbyist J. McCartt, a former aide to Texas governor Rick Perry, between 2002 and 2005: $95,000

Difference between the amount Goldman Sachs offered for Houston's 83 miles of toll roads in 2005 and what a subsequent study found they were really worth: 86 percent

Number of county commissioners who voted to privatize: 0

Number of Goldman Sachs funds that invested in Australian toll road operator MIG while the bank was advising Indiana on its privatization deal with MIG: 3

Amount it would cost to drive through NYC's Holland Tunnel if a MIG-style toll pricing scheme had been put in place at its inception: $185