Yes (generally an exclamation point from me means I am joking) - though if I were a transit authority, I'd be using every trick I could to get
Posted by
Roger More (aka RogerMore)
Nov 3 '09, 10:03
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another solution (like a third party guarantor to the contract) than have the bank enforce the contract to the letter.
But also, if I were a transit authority, I wouldn't have, you know, put my core assets on leaseback. I guess tight budgets and being unable to charge what the market will bear makes managers do desperate, crazy things.
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