Private Equity Fund Of Funds Transportation Commissioner James Fox seemed to have found a new
and improved crystal ball earlier this week. He said he saw no need
for additional NJ Transit fare hikes on top of the 10 percent
increase that just hit.
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Curve Equity Exposed Fund This seemed to rule out the
"cost-of-living" train and bus fare
adjustments already scheduled for each of the next five years.
Everyone else sees a looming need for cash so big that it is
surprising NJ Transit hasn't put donation boxes at its
stations.
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Equity Income Funds Now a spokesman says the commissioner meant no more fare
increases this year. He was not judging what needs to happen in the
future.
by Dave Porter A syndicate of seven private equity investment banking firms have agreed to buy SunGard Data Systems for $11.3 billion, the largest buyout of a public company since 1989. If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. Membership is free. Print This Page March 28, 2005 (AXcess News) A syndicate of seven private equity investment banking firms have agreed to buy SunGard Data Systems ( SDS) for $11.3 billion, the largest buyout of a public company since 1989.
Capital Casebook Equity This is obvious bureaucratic backtracking, but it had to be
done. NJ Transit desperately needs the money, and it would be
irresponsible to rule it out.
is wholly owned by Dimensional Associates, Inc., the private equity arm of JDS Capital Management, Inc.
Private Investment In Public The cost-of-living hikes are not unreasonable.
They were approved by acting Gov. Donald DiFrancesco before he left
Trenton last year and would allow fares to go up in tandem with an
inflation index. That probably means 4 to 5 percent a year at
most.
Viridian, the holding company for Northern Ireland's electricity, is in talks over a .62billion bid by Bahraini private equity firm Arcapita Bank.
Equity Mutual Funds It is real money out of commuters' wallets, but such modest
hikes won't come close to plugging NJ Transit's projected five-
year, $3 billion-plus shortfall. Each year the inflation
adjustments would bring in something less than half the $38 million
in new cash NJ Transit is getting from the 10 percent fare hike the
agency put into effect earlier this week.
Birmingham Contact Equity But every little bit of additional revenue helps when money is
hard to find. That is especially true when the public so bitterly
opposes even the suggestion of a fare increase that politicians
have developed a mortal fear of reminding
people they must help pay for
services. Indexing fares to inflation at least offers hope of
rationality and stability in the fare-setting process.
Private Equity Investment Firm There is nothing wrong with treating fare hikes, toll hikes and
tax hikes as revenue sources of
last resort. The problem comes when officials are so paralyzed
they won't consider increases even when no money is to be found
elsewhere.
Complying Deal Equity Funds The result is that roads or trains are allowed to fall apart for
years instead of being properly maintained. It's like using
cardboard to patch the leaky roof on a house to avoid buying
shingles. It saves
financial pain now but
guarantees more hurt later.
Equity Msn Private Wyoming DiFrancesco gave Gov. James E. McGreevey a generous parting gift
when he spared him the political fallout of pushing through the
modest fare hike plan.
American Equity Investment It's a gift the new administration cannot afford to
disdain.
Equity Index Funds Star-Ledger - 4/4/2002
Topic: Transportation
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