[PRCo] Re: Lease back financing

[Schneider Fred]

Maybe we could sell futures on when the next governor of Illinois  
will be convicted of trying to sell his vice president's wife?

Hey.   Don't shoot the messenger.  You all know that God created  
politicians so that comedians had someone about whom to make jokes.

On Dec 13, 2008, at 4:21 PM, Phillip Clark Campbell wrote:

> Mr.Swindler;
>
>
> If what you infer about tobacco is true then it probably doesn't  
> stop there does it.
> How many other places were such financing 'deals' made that will  
> come back to
> bite us within the next decade?  For obvious reasons these 'deals'  
> may not affect
> us directly but what about our families?  How could we speak up now  
> to expose
> and hopefully 'correct' these situations?  Do we need grand jury  
> investigations at
> all levels?
>
>
> Phil
>
>
>
>
>
> ----- Original Message ----
>> From: John Swindler <j_swindler at hotmail.com>
>> To: pittsburgh-railways at dementia.org
>> Sent: Saturday, December 13, 2008 5:32:10 AM
>> Subject: [PRCo] Re: Lease back financing
>>
>>
>>
>> There's about 30 some transit agencies affected.  Perhaps it is  
>> not so much AIG
>> and the transit systems - it is the brokers that received hefty  
>> commissions for
>> putting these agreements together.  That's where the real money is  
>> made and
>> decisions are made - at the individual level.
>>
>> Do you remember those multi billion dollar tobacco settlements  
>> between the
>> tobacco companies and various states about ten years ago?  The  
>> tobacco companies
>> agreed to make payments over several decades.  Guess what your  
>> state politicians
>> have been doing over past few years and who is now 'on the hook'  
>> if tobacco
>> consumption declines?
>>
>> John
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