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Democracy & Technology Blog Market to the rescue

Hance Haney
January 20, 2009
Broadband

Maybe it is premature to conclude that the government is the only entity who can facilitate broadband deployment at this juncture.

Seeking to raise $500 million in debt to meet coming maturities, Cablevision Systems Corp. ended up with $750 million as investors with a renewed appetite for more lucrative but riskier debt flocked to the offering, according to a person familiar with the situation.

Here is the full story.

Hance Haney

Director and Senior Fellow of the Technology & Democracy Project
Hance Haney served as Director and Senior Fellow of the Technology & Democracy Project at the Discovery Institute, in Washington, D.C. Haney spent ten years as an aide to former Senator Bob Packwood (OR), and advised him in his capacity as chairman of the Senate Communications Subcommittee during the deliberations leading to the Telecommunications Act of 1996. He subsequently held various positions with the United States Telecom Association and Qwest Communications. He earned a B.A. in history from Willamette University and a J.D. from Lewis and Clark Law School in Portland, Oregon.