Angry New Yorker

Semi-Daily Rants from New York City's Angry Man

"As I know more of mankind I expect less of them, and am ready now to call a man a good man, upon easier terms than I was formerly." - Dr. Samuel Johnson, Boswell, Life of Johnson, Sept. 1783

Archives


Links
Tuesday, June 10, 2003
 
SILVER'S WRECK
by WALTER OLSON


June 9, 2003 -- THE most heartfelt goal of Speaker Sheldon Silver's Assembly majority, it sometimes seems, is to keep the state safe for the activities of the New York State Trial Lawyers Association (NYSTLA). And now the cost is about to hit home for thousands of New Yorkers trying to do something people elsewhere in the country take for granted: Lease a new car.
In recent months, the financing arms of GM, Ford and Honda have all said they'll stop leasing cars in New York rather than go on operating under the state's peculiarly harsh liability law. Other automakers are eyeing their example. Chase, the state's leading independent provider of auto leases, will pull out July 1; according to an official, it's been hit with lawsuits demanding more than $1 billion." [more]

posted by anonymous at 12:24 AM

Comments: Post a Comment
HOME
This page is powered by Blogger. Isn't yours?