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| Re: NJT 351 to be cut back to Secaucus Junction (112148) | |||
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Re: NJT 351 to be cut back to Secaucus Junction |
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Posted by kcram3500 on Wed Aug 20 09:31:02 2008, in response to Re: NJT 351 to be cut back to Secaucus Junction, posted by AMoreira81 on Tue Aug 19 23:49:01 2008. The lease-back has nothing to do with the initial purchase. In that program, the offshore investors are only buying time for the tax write-off (they buy the value of the bus for several years, then the title returns to NJT). Washington is still footing the initial purchase price. |
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