It was watched closely because similar companies that sold unsecured debt instruments to the public had run into trouble in previous decades, leaving investors with losses.
If the public had ran true to form, its attitude should have been one of profound indifference.
When it was desperately trying to squeeze into the single currency, it made a good job of cutting the public-sector deficit and debt, but in the past year or two public spending has run out of control.
In other words, Skolkovo's pot of public money has run dry and it's now going to leverage its public-developed assets into a private sector investment vehicle.
But public frustration has run high with the larger struggle to charge Wall Street executives involved in the financial crisis.
Italian public opinion has run strongly against the war in Iraq, at odds with Mr. Berlusconi's deep desire to please the United States.
Wolstein's effort to build a soccer stadium with some public financing has run into resistance from officials in Cuyahoga County, which includes metropolitan Cleveland.
Operation Elveden, the probe into payments to police and public officials, has run up a bill of £14.7m over the same period.
The Green Deal Finance Company, set up with more than £240m of public money, has run into trouble partly because it has been unable to convince the state-owned Green Investment Bank to continue funding.
