Description:Â Â MarketWatch’s David Weidner checks in on Mean Street to discuss California’s economic conditions and whether it’s right that a state struggling to stay solvent is aiming to float a $10 billion bond for a high-speed rail line. Photo: European Pressphoto Agency.
Source: Marketwatch.com â€“ video report
Date: July 13, 2012
Questions for Discussions:
- What are the positive and negative financial and economic implications for this project?
- Explain the reaction by the bond market?
- How wourld you advise government planners and investors to proceed?
- Do you think this project is good for California?