Skip to comments.Citi Bike big quits as program struggles for cash (Bankruptcy for Bloomberg NYC bike share?)
Posted on 03/27/2014 7:48:18 AM PDT by jimbo123Edited 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 ...
Obamacare for bikes on steroids.
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.
If it’s going bankrupt, it can’t be all that popular.....