MTA Finances
MTA Manages To Sell $550 Million Worth Of Bonds
4 days ago I published an entry to discuss how the MTA turned to former NYC Mayor Ed Koch in advertisements to help stimulate the sale of bonds to investors. 2 days after that, I wrote about the MTA’s plan to scale back on the bond sale due to the instability of the financial markets. […]
MTA Continues With Its Ambitious Advertising Plan
Over the last few months, I have covered the MTA’s ambitious advertising plan to turn its bus & subway real estate into a major revenue source. The plan had been kicked into high gear at the beginning of this month when they unveiled the first fully wrapped shuttle train. One of the major ideas that […]
MTA Scales Back Bond Issue
Two days ago I wrote about how the MTA turned to former NYC Mayor Ed Koch who pitched the idea of buying MTA Bonds. Now after realizing the conditions of the bond market, it realized that their goal would not be attainable. This has led them to scale back on their bond issue by $300 […]
MTA Turns To Koch To Help Stimulate Bond Sales
It is no secret that the credit & financial markets are suffering as part of a global financial crisis. Companies of all types are struggling to keep afloat during these tough times. The MTA is no different as it tries to raise some money through the sale of tax-exempt bonds. While the attempt to sell […]
Credit Crunch Could Possibly Make MTA Debts Skyrocket
The biggest news in the country if the world is the economic woes that have sent shock waves from Main Street to Wall Street. While the focus has been on banks, financial institutions, & such, they are not the only ones who are facing bleak times if things don’t improve. The MTA which is already […]
