For Bloomberg, No Lessons Learned From Yankee Parking Subsidies

If Mayor Bloomberg regrets his administration’s involvement in the Yankee Stadium parking disaster, he’s not letting on.
The Bronx Parking Development Company has finally defaulted on $237 million in triple-tax exempt bonds used to finance parking garages for the new stadium, and bondholders are looking for a way to recoup their losses.
It didn't work. Photo: Daily [...]

Piercarlo Ghinzani Jimmy Jackson Jason Leffler Kyle Eugene Petty Paul Goldsmith Eddie Irvine Hiroshi Fushida Ukyo Katayama