Buyers of bonds for the Las Vegas monorail are suing Citibank for fraud. The buyers claim Citibank misled them by not revealing a report by faithful Antiplanner ally Wendell Cox questioning the ridership and cost projections made for the project. The lawsuit charges that Citibank knew that Cox’s report was “much more reliable” but concealed […]
A Lesson for California
Buyers of bonds for the Las Vegas monorail are suing Citibank for fraud. The buyers claim Citibank misled them by not revealing a report by faithful Antiplanner ally Wendell Cox questioning the ridership and cost projections made for the project. The lawsuit charges that Citibank knew that Cox’s report was “much more reliable” but concealed […]
Transportation Policy
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