In the everything that's old is new again department, today The New York Times reports that Florida's ailing U.S. Sugar Corporation stands to profit mightily from a deal originally meant to preserve the Everglades:

The proposal was downsized only five months after it was announced. By April 2009, amid the deepening recession, the state said it could afford to purchase only 72,800 acres of United States Sugars land, for $536 million. The company would stay in business and the state would retain the option of buying the remaining 107,000 acres at a future date.

United ...