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Sunday, July 31, 2011

Transit that needs no public money

The impending departure of Metropolitan Transportation Authority chief Jay Walder for the more lucrative shores of Hong Kong to lead its metro and commuter rail system has one silver lining: It has brought our attention to a top-notch metro system that not only can pay its chief a million-dollar plus salary, but which doesn't need public money at all. In fact, the Hong Kong Mass Transit Railway Corp. actually makes money.

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