Bloomberg To Sell Off NYC Parking Meters - 75 Years Of Revenue For A One-Time Cash payment

[HiPointDem]

24. so basically it's the ruling family in abu dhabi getting 1/4 the revenues, & a bunch of rich morgan

stanley investors getting half, and the shadowy "redoma sarl" getting 1/4?

re "redoma SARL":

A Société à responsabilité limitée, also known by the acronym SARL is a private limited liability corporate entity that exists in France, Switzerland, Luxembourg, Monaco, Macau, Algeria, Morocco, Tunisia and Lebanon and has commerce as its purpose.

A SARL is a company whose liability is limited to the contributions of its members. Shares are not freely transferable; transfers require the agreement of half the shareholders if the beneficiary is a third party... If the beneficiary is a partner, a spouse, an ascendant or a descendant, the transfers are free. A SARL is broadly equivalent to a private company limited by shares ("Pvt.Ltd.&quot in the United Kingdom, and a Limited liability partnership in the United States.

http://en.wikipedia.org/wiki/Soci%C3%A9t%C3%A9_%C3%A0_responsabilit%C3%A9_limit%C3%A9e

all the parking meter proceeds go to the 1%?