Just days after voters approved the California high-speed rail plan, the rail authority posted a new business plan to its web site. They also posted a summary, but frankly the “business plan” is so superficial that the summary isn’t really necessary.
“It’s very pretty and has nice photographs,” says Jon Coupal of the Howard Jarvis Taxpayers Association. “But as a business plan to present to venture capitalists to convince them to invest, it falls far short.”