City of Portland, Light Rail Implicated in Bank Robbery

Someone robbed a bank tried to get away in a car allegedly stolen from the city of Portland and continued his attempted getaway on a Portland light-rail train. It is too bad that the city is contributing to robberies such as this.

As it happens, the bank that was robbed is just four blocks from where the Antiplanner grew up, and the Antiplanner currently banks with a different branch of that bank. So I choose to feel personally threatened by the city of Portland’s involvement in this crime.

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Transit Lobby Backed Up by $2.3 Billion in “Suspicious Transactions”

Siemens, the maker of light-rail vehicles, has admitted to finding $2.3 billion in “suspicious transactions” — meaning probable bribes — on its books. Company salespeople apparently bribed government officials around the world to get them to buy Siemens products.

The German government recently fined the company about $300 million for the $635 million in suspicious transactions that it had previously reported. Now it appears this has only scratched the surface of the company’s moral problems.

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