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MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 01:23:37 2015

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Looks like (depending on who you believe) there are admissions coming out the MTA went too far and will look at keeping underground portions of the subways open in future snowstorms: http://www.nydailynews.com/new-york/mta-explore-running-trains-underground-snowstorms-article-1.2095857

Whoever did finally make the order on shutting down the subways on Monday, whether it be Cuomo or Prendergast has to realize how much Wall Street was PO'ed by the storm. They can sugar-coat it all they like, but this for all intents and purposes based on earlier reports was Cuomo insisting on it as the MTA did have a "Plan V" just to handle storms like this that was developed after the 2010 fiasco.

If the blame was shifted to Prendergast, it was likely because of David Faber on CNBC blasting Cuomo in what appeared to actually be up until this a politically-motivated shutdown with Cuomo likely concerned about the MTA screwing up and it coming back to hurt Cuomo's chances of running for President in particular. This storm is something Wall Street will not forget anytime soon and Cuomo/Prendegast likely are going to be facing pressure never to do this again like they did here.

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(1336583)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 01:26:20 2015, in response to MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 01:23:37 2015.

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Link to NYDN article.




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(1336588)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Petabread2 on Thu Jan 29 02:33:27 2015, in response to MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 01:23:37 2015.

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Wall Street will be fine, they are like a baby who falls and cries for two seconds. Not to mention they can all work from home. Next time they may not be so lucky, the one storm will come that may one day destroy the stock exchange, what then? People need to lighten up!

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by SelkirkTMO on Thu Jan 29 03:59:23 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Petabread2 on Thu Jan 29 02:33:27 2015.

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A more accurate depiction of Wall street THESE days is more like:



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(1336592)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 06:59:06 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Petabread2 on Thu Jan 29 02:33:27 2015.

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Actually, as I have since learned, NOT EVERYONE on Wall Street CAN work from home. A good number of people apparently for security reasons have to be in their offices, and some of those were unable to come in because they could not risk something go wrong at a remote site (whether it be home or otherwise) that could prove costly.

Given the Dow has been down 480 points the last two days, you have to wonder if even if it was not the actual reason the Dow plunged like it did over two days (and it certainly was if at all a reason at the very bottom of an extensive list) that some on Wall Street used this two-day drop to stay PO'ed at Cuomo to the point where this has now come out.

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(1336608)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Dave on Thu Jan 29 07:34:07 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 06:59:06 2015.

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Wally, you have no idea of what you're talking about. The subway and bus service shutting down had nothing - repeat, nothing - to do with the market drop the past two days. You sound like you have OCD so how about increasing your meds and STFU?

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(1336611)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Lou from Brooklyn on Thu Jan 29 08:06:14 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Dave on Thu Jan 29 07:34:07 2015.

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He is correct, traders MUST be on the floor to trade and still not 100% by computer remotely.
Market drop, not so much.

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(1336615)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by JAzumah on Thu Jan 29 08:23:00 2015, in response to MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 01:23:37 2015.

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The MTA did not make that decision! I thought that was obvious by now.

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(1336624)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 09:33:02 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by JAzumah on Thu Jan 29 08:23:00 2015.

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We know that. NO ONE is buying that Prendegast ordered it.

Most think Cuomo ordered Prendegast to say he did, and I think so because I suspect Cuomo got a verbal beat-down by Democratic Party leaders who likely are FURIOUS with Cuomo right now over this for reasons I got into previously.

I'm sure Faber's CNBC rant played a big part in this.

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(1336630)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by GOlD_12tH on Thu Jan 29 09:55:53 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Lou from Brooklyn on Thu Jan 29 08:06:14 2015.

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You can still trade stocks at home. NYSE is virtually never crowded since the early 2000s.

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(1336631)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Dave on Thu Jan 29 09:56:28 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Lou from Brooklyn on Thu Jan 29 08:06:14 2015.

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The market dropping had nothing to do with the snowstorm. End of Story.

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(1336632)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Dave on Thu Jan 29 09:57:47 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by GOlD_12tH on Thu Jan 29 09:55:53 2015.

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Wall Street doesn't trade from home. Institutional investors don't trade from home. NYSE volume doesn't come from wankers sitting in their underpants trading from home.

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(1336634)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by GOlD_12tH on Thu Jan 29 10:02:58 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 09:33:02 2015.

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Walt Gekko, you really funny.

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(1336636)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Terrapin Station on Thu Jan 29 10:06:32 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Dave on Thu Jan 29 09:57:47 2015.

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lol

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(1336637)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by GOlD_12tH on Thu Jan 29 10:13:55 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Terrapin Station on Thu Jan 29 10:06:32 2015.

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Too bad, they did not shoot your dick LOL

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(1336643)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Dave on Thu Jan 29 10:28:08 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by GOlD_12tH on Thu Jan 29 10:02:58 2015.

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LOL! +1

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(1336650)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Allan on Thu Jan 29 11:42:58 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 09:33:02 2015.

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Welcome to SubwayGate

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(1336660)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by r30a on Thu Jan 29 12:40:56 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 09:33:02 2015.

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If you think that Cuomo cares what the Democratic party thinks, you have no real understanding of the dynamic of power within that relationship.

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(1336692)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by WMATAGMOAGH on Thu Jan 29 14:09:52 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 09:33:02 2015.

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Actually, the Wall Street bankers who you are enamored with aren't the ones who were affected by this. These people were. Time to get over yourself, Wally...

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(1336705)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by localacrosstheplatform on Thu Jan 29 14:46:09 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 06:59:06 2015.

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No. I don't have to wonder. The Dow didn't plunge out of spite like you seem to be suggesting. There are perfectly good, obvious business reasons that explain why the market dropped -- and would've dropped even if it had been 80, sunny, and with clear skies.

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(1336716)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 17:26:35 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Dave on Thu Jan 29 07:34:07 2015.

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I didn't saw the drop was because of it. I just said the drop was an EXCUSE to STAY PO'ed at Cuomo over the shutdown.

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(1336719)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Train Dude on Thu Jan 29 17:31:02 2015, in response to MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 01:23:37 2015.

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That's certainly good news to hear that they will look at what's been done for nearly a century. If it ain't broke then don't fix it.

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(1336720)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by WMATAGMOAGH on Thu Jan 29 17:35:50 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 17:26:35 2015.

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You never said that until now. Your story keeps changing as the facts discredit you.

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(1336723)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 17:47:43 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Dave on Thu Jan 29 09:57:47 2015.

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That's the point I was trying to get across. It's why Wall Street got PO'ed like they did for Cuomo shutting down the system and would have if it were 6" or 60" of snow.

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 17:56:31 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by WMATAGMOAGH on Thu Jan 29 14:09:52 2015.

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Absolutely, those were hurt too, that's a given.

I was mainly referring to support staff at many firms that were unable to get to work because of the storm and, especially with a 290 point drop in the Dow (followed by ANOTHER almost-200 point drop the next day) EVEN IF it wasn't really the reason for the drops PO'ed Wall Street to where they now are likely going to "double down" on their efforts for the GOP to retain the House and Senate in 2016. Wall Street will not forget this for a long time.

Cuomo's ego (as stated in the article you linked to) in this case may very did him in here and I'm sure "Prince Andrew" got a serious talk-to by "Queen Debbie" (Democratic Party Chairperson Debbie Wasserman Schultz) and her associates, reminding Cuomo of Rule #1 of politics: NEVER PISS OFF WALL STREET, EVEN IN AN EMERGENCY. Cuomo violated that and the Democratic Party may very well get punished for it.

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(1336731)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 18:25:15 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by WMATAGMOAGH on Thu Jan 29 17:35:50 2015.

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Actually, what I said was even if it were a reason for the drop, it was near the bottom of the reasons and I think most would realize that.

We know it really wasn't the reason for the drop.

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(1336733)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 18:30:43 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by localacrosstheplatform on Thu Jan 29 14:46:09 2015.

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It certainly did, but it's been shown before where on days not everyone is at their desks (whether for a storm of for example "Black Friday") where things (either way) can be exaggerated.

Lets just saw if the Dow had gone UP 480+ points instead of DOWN 480+ points in two days, Wall Street likely would not be as PO'ed at Cuomo as they were (and likely still are).

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(1336736)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by TerrApin Station on Thu Jan 29 18:34:11 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 18:30:43 2015.

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Wrong.

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(1336739)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 18:51:54 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by TerrApin Station on Thu Jan 29 18:34:11 2015.

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Lets just say David Faber's rant on CNBC Tuesday morning (which spoke for how a LOT of Wall Street felt) could very well have been why the MTA (and even if not directly, Cuomo) had to admit they were wrong on this closure.

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(1336741)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by WMATAGMOAGH on Thu Jan 29 19:10:53 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 18:25:15 2015.

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Please provide a link to that post.

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(1336745)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by TerrApin Station on Thu Jan 29 19:18:47 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 18:51:54 2015.

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Nope. And the MTA wasn't wrong. Cuomo was.

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(1336749)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by SelkirkTMO on Thu Jan 29 19:35:24 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by GOlD_12tH on Thu Jan 29 10:13:55 2015.

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Given his behavior, I'm surprised it was only once.

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(1336752)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by AlM on Thu Jan 29 19:46:47 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by WMATAGMOAGH on Thu Jan 29 14:09:52 2015.

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Very good article.



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(1336755)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by TerrApin Station on Thu Jan 29 19:49:52 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by SelkirkTMO on Thu Jan 29 19:35:24 2015.

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How do you know it was only once? Have you spoken to Edwards? He knows who shot me but he is refusing to cooperate with the police. Which is to be expected, right? He wouldn't want to be a SNITCH.

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(1336756)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by SelkirkTMO on Thu Jan 29 19:52:55 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by TerrApin Station on Thu Jan 29 19:49:52 2015.

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You mean you got shot MORE times? Tell me more! :)

And after your little snowblow thing, you're expecting me to assist? Nope. Lesson learned there, bro.

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(1336757)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by mcorivervsaf on Thu Jan 29 20:12:02 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by SelkirkTMO on Thu Jan 29 19:52:55 2015.

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As expected, not a good start in 2015 for the Turtle. In addition to his usual meltdowns, just today, Ray Jules posted a altered picture of said Turtle ingesting a bodily substance, that... well... It was offensive, so you can guess what happened to that post! DELETED!

It used to be this: (Now redirects to the main board)
http://www.subchat.com/read.asp?Id=1336706

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(1336760)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Train Dude on Thu Jan 29 20:16:35 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by mcorivervsaf on Thu Jan 29 20:12:02 2015.

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It should have never been posted. It went well beyond the usual bullshit here

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(1336763)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by mcorivervsaf on Thu Jan 29 20:20:37 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Train Dude on Thu Jan 29 20:16:35 2015.

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I agree. I alerted the webmaster shortly after it was posted. As much as I dislike the Turtle, this crossed the line. It's one of those things you don't post.

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(1336764)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Train Dude on Thu Jan 29 20:26:08 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by mcorivervsaf on Thu Jan 29 20:20:37 2015.

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Thank you for doing what was necessary

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(1336768)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by mcorivervsaf on Thu Jan 29 20:40:51 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Train Dude on Thu Jan 29 20:26:08 2015.

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You're welcome, sir!

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(1336770)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Fisk Ave Jim on Thu Jan 29 21:32:19 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by mcorivervsaf on Thu Jan 29 20:12:02 2015.

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As well it should have. AFAIK thats the fastest i've seen a post deleted here in these parts in the 2+ years i've been around here.. Good to see that the landlord is on his toes!!

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(1336774)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Dan Lawrence on Thu Jan 29 21:46:27 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by SelkirkTMO on Thu Jan 29 19:52:55 2015.

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How much will it cost for an Underground Service in Future Snowstorms. You need to find that out!!!

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(1336780)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by J trainloco on Thu Jan 29 22:15:54 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by WMATAGMOAGH on Thu Jan 29 14:09:52 2015.

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Thanks for posting. The link in the article to the WNYC article on the 61 year old grandmother left stranded and forced to walk through the snow actually really disappointed me. Especially when you consider the fact that service, ya know, actually ran all night. We really did our customers a disservice.

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(1336793)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Wallyhorse on Thu Jan 29 23:09:18 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by J trainloco on Thu Jan 29 22:15:54 2015.

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That certainly was the case through no fault of your own.

What Cuomo did with this was expose that we may be at the point where we may have to kowtow to Wall Street's demands first and it may take keeping the subways open (outside of a Sandy/Irene situation where it was clearly obvious the lines had to be closed) just to appease Wall Street with it made clear such was why and a catastrophe happening to change that.

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(1336815)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Joe V on Fri Jan 30 07:35:34 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 09:33:02 2015.

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Mario would not be proud of his son's behavior on this one.

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(1336816)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Joe V on Fri Jan 30 07:40:05 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 23:09:18 2015.

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I don't agree with Andrew's decision, but don agree that we have to operate at the pleasure of Wall Street. They do not subsidize the MTA. They have also sent many jobs to Jersey and to India, and have over-reacted. Hysterical floor-traders do not run the place.

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(1336820)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Terrapin Station on Fri Jan 30 08:19:15 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by SelkirkTMO on Thu Jan 29 19:52:55 2015.

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You mean you got shot MORE times? Tell me more! :)
The police aren't sure if each of the incidents are related. There is a motive but it is shaky, just like the shotters(s)' aim, heh heh heh. If some of the the shots had been just an inch to the left or right...

And after your little snowblow thing, you're expecting me to assist? Nope. Lesson learned there, bro.
No surprise, we all know how much an of an antisemitic bastard asshole that you are. You ruined my life by telling everyone here that I got fired. How much worse could you possibly make it? You are smart to keep your mouth shut. BITCHASS.

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(1336822)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Joe V on Fri Jan 30 08:20:51 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 17:47:43 2015.

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Then they can pick up and move to Atlanta (and wait for the May tornados).

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(1336823)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Terrapin Station on Fri Jan 30 08:21:14 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Wallyhorse on Thu Jan 29 23:09:18 2015.

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Wrong.

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(1336830)

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Re: MTA to Explore Underground Service in Future Snowstorms

Posted by Joe V on Fri Jan 30 08:24:55 2015, in response to Re: MTA to Explore Underground Service in Future Snowstorms, posted by Dave on Thu Jan 29 09:56:28 2015.

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It goes up and down based on CNBC conjecture, rumor mills, such as the idiotic commentary from likes of Rick Santelli, floor-trader hysterics, and also none of they what to make of the oil price drops.

IOW, ignore these idiots. You get into Wall Street for the long term, or you go to your local bank.

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