In early November Alstom announced a euro421m cash outflow and said that this related largely to four contracts for which it had received substantial prepayments but which are now reaching completion and so draining cash from the business.
Significantly improving the educational outcomes of African Americans will provide substantial benefits for our country by, among other things, increasing college completion rates, productivity, employment rates, and the number of African American teachers.
Until the financial community witnesses the successful completion of several of these projects, it will continue to charge substantial premiums or not lend to those projects at all.