MTA Finances
MTA Board Paints A Grim Financial Picture
As I mentioned earlier, the MTA Board held a special meeting to discuss worst case scenarios in case a financial bailout of sorts does not materialize. It was safe for one to assume that the details which were to come from the meeting would be of a dire nature. If you did assume this, you […]
More Fare Hikes Looming In 2010?
In a little under 6 hours, the MTA Board will hold a special meeting. This meeting which was announced a few days ago through an e-mailed press release is set to tackle possible worst case scenarios for 2010 (& beyond) which include another fare hike. Glenn Blain & Pete Donohue of the New York Daily […]
MTA Financial News Coming From All Sides
The news has been coming fast from all directions over the last few days as, we inch closer & closer to the possible passing of the doomsday scenario. We had Congressman Anthony Weiner come up with one of the most idiotic proposals I have read or heard in quite some time. This is coming from […]
MTA Bailout Coming Soon?
Could millions of riders be saved from doomsday due to a MTA Bailout? The answer is not completely known at this moment but the New York Daily News had a piece about a possible bailout in Saturday’s print edition. Glenn Blain & Pete Donohue have more in this report: State legislation designed to rescue straphangers […]
The Ball Is In Malcom’s Court
Over the last few months, most of the talk on this blog has been about the financial crisis the MTA is currently dealing with. With the deadline fast approaching on a vote for whether or not they will have to implement the “doomsday scenario“, the MTA has been spending time trying to convince state leaders […]
