Transportation

That perspiring, uncomfortable-looking Wall Streeter you sat next to on the subway this morning might have been a Morgan Stanley banker. Dealbreaker reports that as part of the firm's new "new cost-cutting initiative, taxi reimbursement will not be provided until after 10 pm."

Morgan Stanley posted its first-ever quarterly loss at the end of last year after taking a $9.4 billion dollar write-down on subprime mortgage investments.  read more »

Over on Streetsblog, where people are vigilantly guarding New York City's first separated bike lane, one reader had this reaction to the suggestion that bikes and trucks should share the lane to cut down on double-parking:

That's what Neville Chamberlin said after Hitler invaded Poland. Can't the Poles just share with Germany?

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Bruce Schaller, the ubiquitous transportation consultant who did a lot of the data digging for proponents of congestion pricing, has joined the city’s Department of Transportation—at the deputy commissioner level no less.

Transit advocates are counting it as another win for progressive planning hot on the heels of Janette Sadik-Khan’s appointment as commissioner.  read more »