To Pay Debt, Transit Agency Goes to Market
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The Metropolitan Transportation Authority, in an effort to raise $1 billion, wants to sell or lease many of its 14,000 properties.
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If you want to make money go to where the people are paying.
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The company plans to recoup by raising its commission on items that sell.
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Firm is in hot seat for selling subprime securities to a Massachusetts city.
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One way to look at a company is to take into account its cash and debt.
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A deal with Enterprise Rent-a-Car offers great potential.
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Joseph Glazier has seen the cost of his phone service double this year and his utility bills could do the same. He cannot ride the bus for free anymore. Subsidized prescriptions for his ailing eyes and ears have long since stopped.
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Description: A flurry of corporate bankruptcies in the past few years leaves a public agency strapped for cash: the Pension Benefit Guaranty Corporation.
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Amtrak, the nation's financially  troubled passenger railroad, must pay back a $100 million loan  it received from the government to avert a shutdown in 2002.
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By Ed Mendel, The San Diego Union-Tribune  Feb. 20--SACRAMENTO -- A surge of new highway money from a $19.9 billion  transportation bond has renewed political infighting over whether Caltrans  should use government or private engineers, bringing warnings of possible  project delays.
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London tube firm Metronet calls in the administrators after suffering serious financial problems.
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When brokers and fund managers churn, you usually pay.
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By Tatiana Prophet, Daily Press, Victorville, Calif.  Feb. 14--Fo r 1 1 c i t i e s i n S a n Bernardino County, the prospect of paying a surcharge for a chemical that did not originate in their areas just doesn't seem right.
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Some rail users are paying more than necessary for walk-on fares because of poor advice, a consumer group's survey suggests.
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As travel season begins, the payment of back wages is an economic bellwether.
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Many consumers are propping up their elaborate lifestyles with hidden debt. Itâs something no one likes to talk about.
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OTTAWA (CP) - More people than ever took public transit last year, The Canadian Urban Transit Assoc. said Tuesday as it appealed for more government money.