"The infrastructure bank, to be capitalized with $35-billion in federal funds, would rank major projects and seek private partners like global pension funds in order to leverage public money in a way that gets more projects built more quickly."
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Translating bank speak: Industry friends of investment managers will staff the new infrastructure bank and ensure private risk is shifted to public taxpayers.

“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” -Adam Smith