Archive for February, 2009
Questionable Citibank & MTA Bond Deal
Citibank’s name has been in the headlines quite often of late during this current economic recession. One of the reasons for this is the complaint filed by the Securities and Exchange Commission (SEC) against one of the company’s subsidiaries, Citigroup Global Markets. The complaint alleges that the company went through with marketing & bringing more […]
Roger Toussaint Will Not Seek Re-Election
The name Roger Toussaint stirs up many different emotions depending on who you ask. Some will tell you that he was a fearless leader who fought the who’s who in New York for the benefit of his members. Ask others & they will say his run as Transport Workers Union Local 100 (TWU Local 100) […]
South Ferry Station Delayed
The end of January saw some blundering news on the subway front. For the longest time, weekend riders of the 1, 2, 3, 4, & 5 have put up with a ton of service diversions due to work on the new South Ferry terminal. While the usefulness of a revamped South Ferry is great, I’m […]
Democratic Leaders In Albany Support Ravitch Tax Plan
It has been a couple of months since the Ravitch Commission released all of its proposals to help the MTA fix its budget woes & create dependable sources of revenue. This blog & many others have gone over the plan & offered our opinions on it. My readers know that I was not impressed with […]
LIRR & Metro-North Collaborate
Late last month, the MTA announced the largest ever procurement between Metro-North & the Long Island Rail Road (LIRR). The announcement was made via an e-mailed press release which stated the following: The Metropolitan Transportation Authority (MTA) today announced that MTA Metro-North Railroad and MTA Long Island Rail Road are presenting for Board approval five-year […]
