David Crane, who supports public-private partnerships, draws income from investments he made while at a financial services company that could receive business from state projects.

By Michael Rothfeld and Jordan Rau

As Gov. Arnold Schwarzenegger demands that lawmakers allow private interests into California's huge market for public works projects, a company with close personal and financial ties to the governor's economic advisor is positioned to benefit.

The advisor, David Crane, has spent years promoting private-sector involvement in public construction projects - one of a few issues holding up a deal between Schwarzenegger and legislative Democrats to ease the state's worsening fiscal crisis.

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Posted by boyang at January 2, 2009 5:58 PM