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Old Posted May 24, 2009, 8:51 AM
JordanL JordanL is offline
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Join Date: Jun 2008
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Originally Posted by LMich View Post
The article is kind of ambiguous about that and it simply says that the M1-Rail has agreed to be "turned over" the the regional authority when it comes into existence. What exactly that means, I don't know; I don't think M1-Rail has publically revealed what the turn over mechanism (i.e. a sale, a gift) will be.

That said, M1-Rail insists that the system is complete charity and that none of the business owners are gaming the system to try and make money off of it. Really, who knows? That's one of the problems of a private entity: there is no requirement for public transparency.
Unfortunately, there's often little transparency in prublic entities as well.
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