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Old 12-27-2008, 07:06 PM
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cmac2012 cmac2012 is online now
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Join Date: Dec 2004
Location: Redwood City, CA
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Quote:
Originally Posted by RichC View Post
Still have not thought of that word.

Some company builds a sports stadium and the residents
have to pay for the roads, water, sewer, electric, etc upgrades
it takes to facilitate the new stadium.
Not a single word but a current phrase in use sorta covers it:

privatizing gain while socializing risk
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