with todays news over the Cross City Tunnel calling in receivers as reported in todays SMH
http://www.smh.com.au/news/national/tunnel-goes-under/2006/12/27/1166895347712.html
there is going to be some very unpleasant news for some super funds and in turn members where their money has been used in these PPP projects in NSW
There is a professor at Sydney Uni who has been trying to expose the risk and threats to Super Funds,and almost all his efforts have been lampooned by the current NSW government.
They might be feeling a little more nervous now.
Receivers have a way of exposing deb and liabilities.
This could get real ugly and is a story people should keep a very close eye on ...IMHO
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