Tuesday, October 30, 2007
Superferry expenses analyzed
Henry Curtis continues his careful monitoring. Reproduced with permission:
Yesterdays House hearing went from 1:30 - 10:33 with no breaks
There were 19 speakers
The first community speaker was invited to speak after 9 pm
Factoid: Under questioning from Rep Marcus Oshiro, the Sf people stated that they were expending $650,000/week ($150,000 debt payments; $500,000 operational expenses). After laying off most employees their operating expenditures went from $500,000 to $300,000, but then up to $400,000-450,000/week if you included their legal costs.
$100,000-$150,000/week for legal costs.
Henry Curtis, Executive Director, Life of the Land, 76 N. King Street, Suite 203, Honolulu, HI 96817. phone: 808-533-3454. cell: 808-927-0709. Web Site: http://www.lifeofthelandhawaii.org/ email:firstname.lastname@example.org
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