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Re: [ARTICLE] Bob Diamond Leaving Brooklyn

Posted by BMTLines on Thu Sep 2 22:54:23 2010, in response to Re: [ARTICLE] Bob Diamond Leaving Brooklyn, posted by WillD on Thu Sep 2 22:42:03 2010.

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The operating subsidy was required because the city refused to allow them to increase fares to sufficiently cover their costs. That was the city's choice. Also the subsidy was maintained at an artificially low level - The MTA is now receiving DOUBLE or close to TRIPLE the subsidy the privates did even after DOUBLING the fare!

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