Ferrovial has been buying the UKs airports, relatively unchecked for quite some time. They appear to operate a HUGE criminal network through these properties.
https://ca.news.yahoo.com/ferrovial-eyes-heathrow-airport-holdings-191536216.html
Canadian government implicated also: https://www.theglobeandmail.com/business/article-canada-infrastructure-bank-actively-engaged-in-10-proposals/
Ferrovial also owns Enterprise, the car rental company…
https://bdaily.co.uk/articles/2013/02/21/enterprise-acquired-in-385m-spanish-deal
Ferrovial digs.
r Gehry, with his shock of Einstein-white hair, was a stickler for detail. No two parts of the 24,000 square metre (258,000 square foot) leviathan could be the same—or even symmetrical. The museum's cavernous halls would embrace one of Bilbao's gritty industrial-era bridges. And it had to project a sense of peace, an image the Basque authorities badly needed to send to the world.
Less than a decade later, Ferrovial, flush with the success of its Basque masterpiece, is engaged in engineering wizardry of a different sort—finance. This summer it obtained huge, privately issued loans to buy control of BAA, the world's largest airports operator and owner of London's Heathrow, Gatwick and Stansted airports. Though Ferrovial was much smaller than BAA, the consortium it led beat buy-out specialists, such as Goldman Sachs. Of the £16.4 billion ($30 billion) it paid for BAA, more than half was borrowed.
Ferrovial is among a growing number of companies exploiting a sophisticated grasp of the debt markets to make acquisitions that only a few years ago would have seemed impossible. “The market has changed,” says Richard Bartlett of Royal Bank of Scotland, one of Ferrovial's main creditors. “Twelve or 24 months ago this would have been a very challenging deal to pull off.”
https://www.economist.com/special-report/2006/09/21/in-the-shadows-of-debt
BOOM!!!!
http://www.scoop.co.nz/stories/WO1704/S00012/spanish-corporate-giant-profits-from-torture-of-refugees.htm
Spanish corporate giant Ferrovial makes millions from Australia’s torture of refugees on Nauru
A major corporation with ties to New Zealand is making millions running the Australian Government’s refugee “processing” centre on Nauru, Amnesty International said today. The system amounts to torture of refugees and people seeking asylum.
BOOOOOM!!!!!
https://www.amnesty.org/en/documents/asa12/4934/2016/en/
The current policy of the Australian Government is that no person who arrives in the country by boat seeking asylum can ever settle in Australia. Instead, anyone who arrives by boat is forcibly taken to offshore “Refugee Processing Centres”, one of which is on the remote Pacific island of Nauru. The government claims that the policy protects people who might otherwise undertake the hazardous boat crossing to Australia. However, since its inception, offshore processing has been designed to be punitive and has been widely promoted by a succession of Australian governments as a deterrent and as a demonstration of Australia securing its borders. Broadspectrum's response to Amnesty International can be found in document ASA 12/5108/2016 on this website.
HOW Europes' leaders sold out their citizens to China
http://africa.chinadaily.com.cn/weekly/2013-09/27/content_16999392.htm
>Though there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, the fund has also played a key role by teaming up with other sovereign wealth funds for joint investments on the continent.
Fund officials say the multi-pronged approach has helped CIC post reasonable returns on investment, despite the volatile and often deteriorating financial climate in Europe. As part of that game plan CIC bought equity stakes in European utility companies, sectors seen as risky and unattractive in the short term.
Last year, the fund invested $2.3 trillion (1.7 trillion euros) in infrastructure construction projects across Europe, making it the highest investment outlay for the region since CIC was set up in 2007. CIC's equity purchases from the European markets rose to 27 percent last year from 20.6 percent in 2011. The proportion was 21.7 percent in 2010 and 20.5 percent in 2009.
Daley picks Obama friend Reynolds as CHA chairman
https://www.chicagotribune.com/news/politics/ct-xpm-2010-08-28-ct-met-daley-appointment-0827-20100828-story.html
Reynolds is co-founder and CEO of Loop Capital Markets, a global investment firm. In 1999, Obama's brother-in-law served as a managing director at Loop Capital. Several of the president's most active financiers have said Reynolds introduced them to Obama.
>search picks Obama friend
lol
https://www.nbcconnecticut.com/news/archive/Obama-Looks-to-Chicago-For-Education-Secretary.html
President-elect Barack Obama announced Arne Duncan, the head of the Chicago school system, as education secretary Tuesday and declared that failing to improve classroom instruction is "morally unacceptable for our children."
Remember Barry going missing in Pakistan for 3 weeks? Pepe 'members
Few Details Known About Obama’s Three Weeks in Pakistan
https://www.cnsnews.com/news/article/few-details-known-about-obama-s-three-weeks-pakistan
Apparently Americans votes were being used to grant bonds? They were certainly fucking with the votes, were they also stealing money through this method??
U.S. voters gave the green light on Tuesday to the sale of $18.9 billion or 81.6 percent of the about $23 billion of bonds cities, schools, parks and other issuers in the municipal debt market placed on ballots, according to results on Thursday compiled by data company Ipreo.
Nearly $3.2 billion of proposed bond issuance was rejected by voters while election results for about $1 billion of bond issues were still pending, Ipreo data showed.
Chris Mier, a muni analyst at Loop Capital Markets, said while the approval rate was a little higher than in recent years, the amount of bonds put up for voter approval has been dropping from a peak of over $100 billion in 2006.
The biggest issue winning approval was $1.6 billion of bonds for the Dallas Independent School District, while the biggest single referendum to lose was $287 million of bonds for a courthouse project in Travis County, Texas. Voters in Arizona's Pima County rejected seven bond referendums totaling $815.7 million.
Issuance of muni bonds in 2015 totaled $332.5 billion as of the end of October, up 32.9 percent from the same period in 2014, according to Thomson Reuters data.
https://www.ibtimes.com/us-voters-okd-816-bonds-tuesdays-elections-2172328
It was out there the whole time, but we were powerless. This can't happen again folks…
https://nypost.com/2009/10/31/hope-change-peddling-access/
Copy
OPINION
Hope, change & peddling access
By Michelle Malkin October 31, 2009 | 4:00am
Modal Trigger
Hope, change & peddling access
O: Rewarding big donors with jobs.
Like Capt. Renault in “Casablanca,” I am shocked, shocked to discover that access-peddling is going on in the Obama White House. Perks for deep-pocketed donors? Presidential meetings for sale? The stale Chicago odor of pay-for-play wafting from 1600 Pennsylvania Avenue? Knock me over with a feather.
Despite the president’s claimed distaste for the campaign-finance practice known as “bundling” (rounding up contributions from friends, business associates and employees), the House of Obama has been a bundlers’ paradise from Day One. A new Washington Times report just confirms the obvious: It’s business as usual in the era of Hope and Change. O’s wealthiest Democratic donors have received lavish receptions, golf outings, bowling dates and movie nights with Obama.
And internal Democratic National Committee documents acquired by the Times show that “high-dollar fund-raisers have been promised access to senior White House officials in exchange for pledges to donate $30,400 personally or to bundle $300,000 in contributions ahead of the 2010 midterm elections.”
Yup, they’re just haggling over the price.
https://www.importgenius.com/importers/louis-susman
Susman is a big name in this also. He was an obama lackey, known as the vaccuum cleaner because he could suck up donations for obama…
https://nypost.com/2009/10/31/hope-change-peddling-access/
Louis Susman imports from Wallenius Wilhelmsen in United Kingdom through the port of Baltimore, Maryland
>Wallenius Wilhelmsen
https://en.wikipedia.org/wiki/Wallenius_Wilhelmsen_Logistics
https://finance.yahoo.com/news/know-future-wallenius-wilhelmsen-logistics-063422086.html
Notice the OB:WWL, Owl?
http://www.baltimoresun.com/business/bs-bz-port-first-quarter-20160602-story.html
The port also saw stronger growth in containers than any other Mid-Atlantic port, which officials credited to contracts signed last year with shipping giants Wallenius Wilhelmsen Logistics, Maersk Line and Mediterranean Shipping Co. as well as the harbor's 50-foot-deep channel and equipment
"The Port of Baltimore has had a record-breaking start to 2016 following a very successful 2015," Gov. Larry Hogan said in a statement. "As one of Maryland's top economic generators, my administration will continue to work closely with Port officials to ensure this growing seaport continues to thrive."
https://legalnewsline.com/stories/510960234-wallenius-wilhelmsen-logistics-to-pay-98-9-million-after-price-fixing-allegations
Wallenius Wilhelmsen Logistics to pay $98.9 million after price fixing allegations
In 2003, USA Today reported, Reynolds was caught on FBI wiretaps arranging what prosecutors called a “sham” consulting contract with a gal pal of a Philadelphia mayoral adviser. After the conversations, Reynolds snagged $300,000 in no-bid city contracts for Loop Capital Markets. City officials went to jail over the scam. Reynolds skated. The Obama campaign’s only statement? “Jim Reynolds has admitted that he made mistakes, but he has not been charged with any wrongdoing.”
https://nypost.com/2009/10/31/hope-change-peddling-access/
BOOM
https://www.bondbuyer.com/news/denver-to-close-on-record-25b-airport-bond-sale?brief=00000159-f607-d46a-ab79-fe27f2be0000
The airport issued $200 million for its private partners last November. The P3 coalition known as Great Hall Partners includes Spain's Ferrovial Aeropuertos with Saunders Concessions and Magic Johnson …
paywalled, can someone help?
NONAME also involved in airport bullshit…..
https://finance.yahoo.com/news/mccain-manufacturing-deploys-more-one-184000536.html
McCain Manufacturing has been contracted by Saunders Construction Inc. to deliver 8,600 linear feet of its flagship modular wall product, McCain Walls®, to Denver International Airport (DEN) in support of a three-and-a-half-year renovation of its Great Hall. The modular walls eliminate the need to install temporary drywall partitions for each phase of the project.
YO did you guys know NONAME WAS GREAT AT BUILDING WALLS!??? KEK!!!
http://www.mccainwalls.com/products/one-sided-systems
From https://www.inthepublicinterest.org/weekly-privatization-report-3-5-2018/
6) Colorado: The $1.8 billion renovation of Denver International Airport’s main terminal will be costing less because “a rush by investors in December to buy tax-exempt private-activity bonds for the project shaved about $65 million off the anticipated cost of the 34-year project, DIA CFO Gisela Shanahan told city council members Wednesday. (…) The savings come from a lower-than-expected starting point for the annual payments, which will rise every year, Shanahan said. (…) Investors also liked the unusual ‘roadshow’ that DIA and the Great Hall Partners did together to promote the bond sale, she said. Typically, the public client in a public-private partnership doesn’t participate in the roadshow with the private partners, she said.” [Sub required]
https://www.bizjournals.com/denver/news/2018/02/28/dia-s-terminal-renovation-draws-rush-of-investors.html
https://www.bizjournals.com/denver/blog/earth_to_power/2016/08/nba-legend-magic-johnson-is-star-attraction-in.html
>Johnson spoke during a city council committee meeting about whether DIA officials should enter into contract talks with an international group of companies.
>The group — which includes Johnson's company — is seeking the contract to renovate the airport terminal's Great Hall, shift the Transportation Security Administration's screening checkpoints out of the hall and into unused space by the ticketing areas upstairs, and change baggage handling operations to accommodate the shifts.
>The basketball legend spoke as an equity member of the team selected by DIA in June to start negotiations on a public-private partnership to do the overhaul.
>The international consortium is led by the airports division of Spain’s Ferrovial SA, which operates London’s Heathrow Airport and three others in the United Kingdom, and its equity partners: Denver-based Saunders Construction, one of Colorado’s biggest construction companies; and MJE-Loop Capital Partners LLC, an investment management firm that goes by the name JLC Infrastructure, formed by Loop Capital and Magic Johnson Enterprises to invest in infrastructure assets across North America.
Aids ridden commie dirtbag
https://www.bizjournals.com/denver/blog/earth_to_power/2016/08/nba-legend-magic-johnson-is-star-attraction-in.html
“I look to do special, game-changing projects and this fits in the wheelhouse,” Johnson said of the Great Hall overhaul.
“I’ll be a special advisor on the project, and we want to work with minority firms and make sure that they are part of this project locally, as well as women-owned businesses. I want to make sure we can mentor some of these businesses,” he said.
“Someone helped me to get to this position and we want to pass that along to the local firms you have here,” Johnson said.
I had to get this article from the cache, they deleted it from their website…
http://cc.bingj.com/cache.aspx?q=%22mje-loop%22&d=4605984838127727&mkt=en-US&setlang=en-US&w=0YCj4i37kL0ujy7PCpSb-6T3ExpGypBS
Meanwhile, the consortium partners — Ferrovial, Saunders Concessions and MJE/Loop Capital — will invest $378 million over the life of the deal through cash, debt and other means. The partners do expect a return on their investment of 10.8 percent.
Under the agreement, DIA will be on the hook for as much as $1.8 billion. DIA CFO Gisela Shanahan said the airport will contribute $480 million toward the renovations via progress payments over the four years of construction, and allocate an additional $120 million in contingency funds.
Over the remaining 30 years of the agreement, DIA could pay up to $1.2 billion in reimbursement payments to the Ferrovial partners for concessions operations and maintenance costs and financing costs.
Meanwhile, the consortium partners — Ferrovial, Saunders Concessions and MJE/Loop Capital — will invest $378 million over the life of the deal through cash, debt and other means. The partners do expect a return on their investment of 10.8 percent.
Ferrovial will design and construct the renovations and assume the risk for any cost overruns or delays on the project. While Ferrovial will operate new concessions, Denver will split revenues taking 80 percent to 20 percent and retain control of concessions on DIA’s three concourses.
Officials say the airport could go it alone in financing the project for a lower price tag, but the partnership shields DIA from some of the risks associated with the project.
While he acknowledges the built-in protections in the public-private partnership, Espinoza said DIA is paying a premium for those benefits. He’d rather take the work already done, have the airport go it alone and finance the project at a lower cost. Considering the length of the agreement and the Ferrovial consortium taking management control of new concessions, he said it appears the deal is designed to circumvent the Council.
https://www.infra-americas.com/analysis/news-analysis/2267191/us-p3-2017-top-10-takeouts.thtml
In his keynote address to the conference, Martin Klepper, the head of the Build America Bureau, an arm of the DOT created by the previous Obama administration, said delegates should think of it as a "transportation infrastructure bank".
Speaking of the nigger
Bush Intercontinental Airport project was to refurbish and construct Taxiways WA – WB and new west vault. Work included subgrade and concrete pavement demolition / removal, subgrade stabilization and repaving of taxiways, as well as new taxiway construction and total replacement and upgrade to electrical systems and construction of a new FAA communications vault.
https://wwebber.com/project/bush-iah-taxiways/
FAA COMMUNICATIONS VAULT?? GET TRUMP ON THE PHONE!!
I was wondering if there was a connection but there isn't.
http://www.answers.com/Q/George_W._Bush_related_to_Vannevar_Bush
President Obama made transportation projects the backbone of his economic stimulus package, which devoted $105 billion to infrastructure, partly in the form of competitive grants. But critics say the “shovel-ready” projects took too long to get off the ground and question whether the spending created as many jobs as promised.
https://thehill.com/policy/transportation/291165-clinton-looks-to-infrastructure-for-job-creation
https://www.gpo.gov/fdsys/pkg/CHRG-115hhrg24654/pdf/CHRG-115hhrg24654.pdf
BUILDING A 21ST-CENTURY INFRASTRUCTURE FOR
AMERICA: STATE OF AMERICAN AIRPORTS
reading now
Places to start digging:
On February 14, 2012, President Obama signed into law the Federal Aviation
Administration Modernization and Refimn Act of2012 (FMRA) (P.L 112-95). This law includes
significant changes to FAA programs and policies. It also provided nearly $16 billion annually
from fiscal year 2012 through fiscal year 2015 for FAA programs, projects, and operations.1
On July 15, 2016, President Obama signed into law the FAA Extension, Safety, and
Security Act of 2016 (P.L. 114-190). This law extends expiring authorities and taxes included in
the FMRA through September 30, 2017. It also authorizes certain critical, time-sensitive safety
reforms.