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Citi Bike big quits as program struggles for cash (Bankruptcy for Bloomberg NYC bike share?)
NY Post ^ | 3/26/14 | Rebecca Harshbarger

Posted on 03/27/2014 7:48:18 AM PDT by jimbo123

Edited on 03/27/2014 7:54:53 AM PDT by Admin Moderator. [history]

The executive who launched Citi Bike is stepping down as the popular program desperately tries to pedal away from a financial disaster.

Justin Ginsburgh, the general manager of NYC Bike Share, will leave in the next few weeks for a job as adviser to Peter Lehrer, who heads a construction consultancy firm with clients that include the Metropolitan Museum of Art and Columbia University.


(Excerpt) Read more at nypost.com ...


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1 posted on 03/27/2014 7:48:18 AM PDT by jimbo123
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To: jimbo123

Obamacare for bikes on steroids.


2 posted on 03/27/2014 7:54:20 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: jimbo123

Interesting. They’ve started these up in many metro areas, Ft Worth/Dallas locally. Wasn’t sure what to make of them at first. Good idea? Bad idea? It might be convenient for some things but on the other seems like they might get a little unsanitary.


3 posted on 03/27/2014 8:17:25 AM PDT by FAA
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To: jimbo123

If it’s going bankrupt, it can’t be all that popular.....


4 posted on 03/27/2014 8:41:51 AM PDT by wbill
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To: wbill

Exactly


5 posted on 03/28/2014 5:40:30 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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