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| Re: A VERY Lost A Train! (1285633) | |||
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Re: A VERY Lost A Train! |
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Posted by Train Dude on Sun Apr 13 22:04:55 2014, in response to Re: A VERY Lost A Train!, posted by JayZeeBMT on Sun Apr 13 20:34:27 2014. You almost got it right. It's sort of like when you want to buy a car or a house or a new pair of pants and you don't have the cash. So the bank loans you the money. In this case a number of cars were purchased like that. Like most lease equipment, the owners were allowed to take a certain amount for depreciation - a legal benefit. Of course the alternative would have been new cars would not have been purchased. In addition, the cars for the NYCT were manufactured in NY State so jobs were created. I do recall that there were a relatively small number of R-62s and about 30 or 40 R-68s that were purchased under this program. I don't know how you feel workers got shafted or you figured that "Al" had any personal gain due to the deal. So far only you and selschmattah see corruption there. |
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