Pages

▼

Pages

▼

Tuesday, December 15, 2020

NY transit borrowing from the Fed


Probably related to the current political squabble over ending the Fed lending programs... NY transit has been a big borrower... Dems probably want the CB lending programs expanded not ended...

Typical of legislative people to look towards the CB for solutions....





at

1 comment:

  1. Mike NormanDecember 16, 2020 at 6:19 AM

    Full Greece.

    Service cuts. Layoffs. Fare increases. Halt all capital investment. Totally regressive. System will probably be sold off to Blackrock or something.

    This is the formula. Disgusting.

    ReplyDelete