I was doing a little more research on the funding of the Los Angeles port project and found out that in addition to the 2009 stimulus money, Goldman Sachs and De La Rosa and Company handled the sale of bonds?
I wonder how that sale turned out, how many bonds were actually sold.
>>... Goldman Sachs and De La Rosa and Company handled the sale of bonds?
That goes back to Arnie’s big-bang-bonds. In total, it was a $107 billion dollar plan, heralded by his leftist Agenda21 Commissar, Sunne Wright McPeak. It started with voters (foolishly) passing Proposition 1B in 2006, $20 Billion in Transportation Bonds. I haven’t followed the status of bond issuance since then.
http://www.freerepublic.com/focus/f-news/1686184/posts
CA: Official backs billions in state bonds (Essential for economy - “must spend $107 billion”)
http://www.dot.ca.gov/hq/transprog/ibond.htm
Proposition 1B - Transportation Bond Program