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10/1/2009
Executives at Failing Australian Toll Road Company Split Lavish SalariesBrisConnections toll road stock fell to one-tenth of a cent, yet top six executives rewarded selves with an average of $370,000.
A public company that allows its stock price to drop to A$0.001 per share is not normally considered successful, but the management of the BrisConnections toll road company are being rewarded as if its shares had never traded at bargain-basement prices. In fact, investors reading the Annual Report released yesterday would have no reason to suspect the company had ever been on the brink of collapse.
"I am pleased to report that the Group has successfully tackled ...
9/30/2009
Ohio City Asks Supreme Court to Stop Camera ReferendumMayor of Chillicothe, Ohio demands that state supreme court intervene to prevent voters from deciding the fate of speed cameras.
9/29/2009
Xerox Becomes a Red Light Camera CompanyPhotocopying giant Xerox buys outsourcing giant ACS, becoming a $22 billion company with traffic camera and tolling operations around the world.
9/28/2009
UK Government Admits Traffic Accident Figures MiscountedUK Department for Transport reports threefold undercount of road accidents during the speed camera era.
9/27/2009
Speed Cameras Attacked in Italy, Germany, Kuwait, PolandSpeed cameras smashed, traffic cameras shot, a speed trap hiding spot is destroyed in Italy, Germany, Kuwait and Poland.
