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> Long story short: They went broke, and were acquired by the city in 1940

Not quite as simple as that, the city had been deeply involved for decades prior to them finally taken over completely, and the city effort was itself deeply indebted.

Anyway, I'm pretty sure the GP emphasized the MTA as a (rare) example of public infrastructure that's actually run to the high standard we'd want our internet infrastructure to be run at.

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