AltWeeklies Wire

Public Transit Agencies May Pay Billions for Risky Deals with Bankersnew

San Francisco is suddenly at risk of paying $140 million to bankers who six years ago convinced the city to use its Muni trains in a $1 billion sham tax shelter. Cities such as Los Angeles, Washington, D.C., and New York are suddenly facing similar potential payouts.
SF Weekly  |  Matt Smith  |  11-05-2008  |  Economy

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