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Targeting the Most Vulnerable: How Wall Street is Hurting T Riders

April 5, 2012

At the April 4 National Day of Action for Public Transportation, Jeremy B. Thompson of MassUniting held a teach-in about the MBTA losing $26-million per year to bailed-out banks for bad interest rate swaps deals. The MBTA is on the hook for another $287 million through 2031, but it cannot get out of these deals without paying $109 million in termination fees to the bailed-out banks! Download a PDF of the presentation here.

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