Goldman Sachs' Road to Riches
Like a real estate agent representing both buyer and seller, Goldman Sachs simultaneously urges governments to privatize highways, advises them as they structure the deals, and buys a piece of the action.
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