According to Rydell's book, the Cabintaxi deal fell through because Ed Anderson's partner turned out to be a swindler with mob connections. The book attempts to whitewash Anderson's role in the con job, but I don't buy it. Anderson is anything but a naive dupe.
The book also covers Anderson's career as a foe of rail transit. In 1970, Anderson teamed up with other Citizens League members, like Jerry Kieffer to stop plans to build rail transit in the Twin Cities. Kieffer says:
"Ed and others got legislative action that took away from the Commission its planning function. Over 20 years later, the Twin Cities still lacks an effective transit policy."
Since the 1970's, Anderson has made a career of using the PRT stalking horse to attack rail transit all over the world... and sell worthless stock in his phony PRT companies to suckers.
Here is a picture of Mark Olson and Ed Anderson:
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