Public authorities in New York State are notoriously poor at responsiveness and transparency. Current Attorney General Eliot Spitzer, who's also running for Governor in November, wants to do something about it.
It's amazing that Spitzer has found the issue after all these years. After going after the drug companies, the financial services companies, and tobacco companies, he's finally going after some of the worst run entities in the State. Oh, and they happen to be public authorities.
Nice.
Actually, I hope that Spitzer does more than speak platitudes and does something about the situation. The MTA has been worse than awful in accounting for its finances, and that's taxpayer money we're talking about. Other public authorities are also poor stewards of taxpayer money. That has to change.
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