The SEC’s Crypto Crackdown
Slate Money
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The Disaster of Chicago's Parking Meter Sale
In 2008, Chicago was in the midst of a frenzy of privatization of public assets. A group of investors led by Morgan Stanley offered $1.15 billion for 75 years of control of city's parking meters. The deal took effect at the beginning of 2009 and has "pretty much been a disaster for Chicago," says John Sutter. This episode is brought to you by SAP.
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