ABSTRACT
Government corporations are more than the developers of highly visible public structures and the stewards of important public services; they are also economic instruments that provide significant monetary benefits to everyone from Wall Street investment firms to small manufacturers to first-time home buyers. Not surprisingly, the people who have made money off government corporations have been their biggest supporters, the ones most likely to think this particular experiment in public administration has worked out exceptionally well. 1 Or as Annmarie Hauck Walsh concluded in her comprehensive study of quasi-public enterprises, the primary reason they have thrived is because they have proved "profitable."2
