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Old 09-02-16, 06:50 PM
  #17  
djordan
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Join Date: Aug 2012
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Bikes: 70's Raleigh Grand Prix X 2; 1988 Peugeot Versailles; 1984 Peugeot PH10L; 2006 Motobecane Grand Sprint; 80's Paris Sport "Freyse"; 1989 Raleigh Technium 400

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Originally Posted by hokie cycler View Post
There is a HUGE difference between sponsorship and ownership. Citi is helping support the program which reduces the cost to the taxpayer. You may hate or resent big corporations but they are not profiting off this deal.
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I can appreciate your perspective on this... but consider that the New York City Council's transportation committee had to enact a specific law... just to get Citi Bike to open up its financial books to the city.
Citi Bike might have to let city know if it?s making any money | New York Post
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