David Paterson

Former MTA CEO Lee Sander spent the last two-and-a-half years doing his best to make the MTA a transparent, accountable public agency, and in doing so restore its reputation. He let the sunshine in, but was unable to undo the damage to the agency's image caused by years of attacks from transit advocates, unions and politicians.

From the MTA press office:

Now that Governor Paterson has backtracked on his pledge to secure a long-term solution to New York's transit funding crisis, the push is on to spin the slapdash result as a responsible outcome, not a capitulation to Albany's lowest common denominator.

The mayor's office just released a statement insisting that the MTA financing plan address the transit system's long-term needs:

We're getting dangerously close to transit Armageddon.

Heading into the weekend, Governor Paterson is still keeping a tight lid on exactly how he plans to handle the MTA's huge funding shortfall. Lately, Paterson has taken to joking about this crisis by saying that "light bends around Albany" -- a not-so-veiled reference to Senate Democrats and their closed-door machinations. I first heard the line a few weeks ago at the RPA Regional Assembly, where we all laughed and ate up the governor's act.

Let's recap the last week of the MTA funding saga. On Monday, Malcolm Smith and the Senate Democrats introduced a "conversation starter" bill that had already been lambasted as insufficient and backwards. On Tuesday, the MTA finance committee announced that revenues from taxes and fares have plummeted deeper than expected, turning the $1.2 billion doomsday budget gap into a $1.8 billion chasm. On Wednesday, Governor Paterson claimed that he had "some new ideas" to break the legislative impasse. Yesterday, some Paterson staffers started to let slip what the governor had in mind, and today we woke up to the big news.

A Monday editorial from Crain's questioned the wisdom of sacrificing MTA head Lee Sander as part of any transit rescue plan, as rumors swirl that Governor David Paterson wants Marc Shaw to return to the agency's top spot.

It seems like only yesterday that the three men emerged from their room with vague talk of an emerging scheme to spare transit riders -- temporarily, at least -- the pain of fare hikes and service cuts required, minus help from Albany, to keep the MTA afloat. But as the Times reports, a new development would catch the triumvirate flat-footed.