Obama wants to build such things as smart electrical grids and high-speed rail lines, which will offer big environmental improvements. Another obvious thing is that large-scale project financing is virtually frozen, so a lot of renewable energy projects are on… — Denis Hayes Copy Share Image
Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent. — James Chanos Copy Share Image
