The best laid schemes of mice and men gang oft agley — an old refrain among transit administrators caught in the backlash of an economy run amok. Little did they know their creative financing five years back would eventually become ensnared in the current mortgage-lending debacle.
“Hacking into a smart card system or counterfeiting access cards is not easy, not everyone is an MIT student. The equipment may be cheap, but this process involves a high level of expertise… It is just not that simple.”
MTA New York City Transit has consigned its older transit buses as organ donors to prolong the lives of other buses. As MTA Bus currently takes delivery of the first of 850 Orion Vll Hybrid-Electric buses, a similar number of older Orion and RTS buses hit the dust.