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Snarkoleptic

(6,037 posts)
6. A lot of these cameras are run by 3 companies in AZ and TX.
Thu Jan 30, 2014, 10:57 PM
Jan 2014

Much of the revenue that is generated is kept by these companies, which pulls money out of the local economy and slows economic activity to enrich the few.

http://worldjusticeproject.org/blog/3-private-companies-making-money-red-light-tickets

American Traffic Solutions, Inc.- This Arizona-based company bills itself as "a leading provider of technology enabled business and service solutions for Road Safety Camera operations." What they don't tell the public is that one-third of the company is owned by Goldman Sachs, or that they keep up to 86 percent of the profit on their red light cams. Critics say ATS, Inc. is getting rich while the municipalities they supply are barely breaking even after expenses.


--snip--

Redflex Traffic Systems.- Phoenix, Arizona-based Redflex is second after ATS, Inc. as a provider of red light cameras, with more than 2,000 of the devices placed in cities across the United States and Canada. Their revenues totalled more than $92 million in 2011. The company keeps up to 88 percent of the proceeds from traffic violations caught using its equipment.


--snip--

Affiliated Computer Services- This former Fortune 500 Company is a subsidiary of the Xerox Corporation. It is based out of Dallas, Texas and now operates in over 100 countries. Its annual revenue is in the billions, and it was the subject of an SEC investigation in 2005 due to the unethical business practices of its then-CEO, Mark King and CFO Warren Edwards, who both resigned. The company was bought out by Xerox in 2010 and provides red light cams to cities all over North America through its Transportation Solutions Group.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Big scandal here were that the cameras were aimed Warpy Jan 2014 #1
Where is the Libertarian Traffic Camera Demolition Crew when you need it? bucolic_frolic Jan 2014 #2
This is What Happens to them in the UK AndyTiedye Jan 2014 #3
LOL nt SunSeeker Jan 2014 #8
It's Not The Cameras But The Error Rates That Is The Problem DallasNE Jan 2014 #4
I've received two bogus camera tickets Ned Flanders Jan 2014 #15
I fought a red light ticket where my front wheels were over the line but vehicle clearly stopped. yellowcanine Jan 2014 #17
Big Brother's Big Cameras blkmusclmachine Jan 2014 #5
A lot of these cameras are run by 3 companies in AZ and TX. Snarkoleptic Jan 2014 #6
Good info. go west young man Jan 2014 #10
We ahould have a new Constitutional amendment in each State dickthegrouch Jan 2014 #14
or privatized. There is something creepy about giving a private company the power to yurbud Feb 2014 #18
Philadepahia has had little problems with their red light cameras happyslug Jan 2014 #7
We're supposed to be able to face our accuser in court. Indi Guy Jan 2014 #9
A guy from New Zealand told me bucolic_frolic Jan 2014 #13
I was dumb enough to try to challenge it in court once Blue_Tires Jan 2014 #16
I always fight the camera tickets cosmicone Jan 2014 #11
you should post the forms and instructions for doing so yurbud Feb 2014 #19
But, but.... Sherman A1 Jan 2014 #12
This corporate welfare scheme should be outlawed jsr Feb 2014 #20
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