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California's Gov. Brown seeks sovereign wealth to back high-speed rail line

(Source: Bloomberg, December 3, 2012)

LOS ANGELES — California is courting sovereign- wealth funds, pensions and endowments for more than $50 billion to build Governor Jerry Brown’s proposed bullet train to link the state’s largest cities, the most expensive public-works project in U.S. history.

Full story: Bloomberg

Wednesday, December 05, 2012

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