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RC2

09/13/11 1:02 AM

#26 RE: DewDiligence #25

Clipper fare-collection system in San Francisco



Interesting, not least because some of their challenges arise not from their technology but from BART/Muni malfunctions that are completely independent of the technology, e.g., delays stemming from track fatalities (12! in less than 9 months) and electrical outages -- but if CUB can design functional battleground technology they can surely cope with these less-challenging conditions.

btw, why specifically do you ascribe "buyout vig" (a term I've never come across anywhere else) to CUB?