PPPs: "In other countries this would be called looting"

PPPs: "In other countries this would be called looting" Read about the London Underground PPP fiasco.  It has cost taxpayers billions and was so bad that Conservative mayor Boris Johnson was quoted as saying: "In other countries this would be called looting.  Here it is called the PPP"...  http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article7118759.ece 

Extract NZ PSA Web page http://www.psa.org.nz/Home.aspx